Zepp Health Shares Scheduled to Reverse Split on Monday, September 16th (NYSE:ZEPP)

Zepp Health Co. (NYSE:ZEPP) shares are scheduled to reverse split before the market opens on Monday, September 16th. The 1-4 reverse split was announced on Friday, September 6th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, September 13th.

Zepp Health Stock Performance

Shares of ZEPP stock opened at $0.81 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.39 and a debt-to-equity ratio of 0.16. Zepp Health has a 52 week low of $0.52 and a 52 week high of $2.10. The firm has a market capitalization of $48.97 million, a PE ratio of -2.03 and a beta of 0.62. The company has a 50 day moving average price of $0.66 and a 200-day moving average price of $0.81.

Zepp Health (NYSE:ZEPP) last announced its earnings results on Wednesday, August 21st. The company reported ($0.17) earnings per share (EPS) for the quarter. The business had revenue of $40.64 million for the quarter. Zepp Health had a negative net margin of 10.60% and a negative return on equity of 7.72%.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a $5.19 price objective on shares of Zepp Health and gave the company a “buy” rating in a research report on Tuesday, May 28th.

Zepp Health Company Profile

Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.