Mandatum Life Insurance Co Ltd Purchases New Position in Zepp Health Co. (NYSE:ZEPP)

Mandatum Life Insurance Co Ltd acquired a new stake in Zepp Health Co. (NYSE:ZEPP) in the fourth quarter, Holdings Channel.com reports. The firm acquired 10,750 shares of the company’s stock, valued at approximately $28,000.

Separately, Virtu Financial LLC purchased a new position in Zepp Health in the 3rd quarter valued at about $57,000. Institutional investors own 52.61% of the company’s stock.

Zepp Health Trading Up 2.9 %

Shares of ZEPP stock opened at $3.05 on Monday. Zepp Health Co. has a fifty-two week low of $2.06 and a fifty-two week high of $6.44. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21. The stock’s fifty day moving average is $2.91 and its two-hundred day moving average is $2.99. The firm has a market capitalization of $45.83 million, a P/E ratio of -1.22 and a beta of 0.65.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a $14.65 price objective on Zepp Health and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

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.