Huami Technology (ZEPP) Stock Surges 5.83% Amid Positive Market Movement

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Nov 05, 2024
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Huami Technology (ZEPP, Financial) recently saw a significant stock price increase, surging 5.83%. The stock now stands at $3.26 per share with a trading volume of 3,367 shares, reflecting a turnover rate of 0.02% and a volatility of 4.54%.

In the latest financial report, Huami Technology achieved a revenue of $40.64 million. However, the company reported a net loss of $10.84 million and an earnings per share (EPS) of -$0.67. The gross profit was recorded at $16.36 million, resulting in a price-to-earnings (P/E) ratio of -1.95.

Currently, there are no institutional ratings recommending "buy," "hold," or "sell" for Huami Technology's stock.

In the broader electronic consumer industry, where Huami Technology operates, the overall growth was 0.60%. Within this sector, stocks such as Gopro, Inc., Huami Technology, and Vuzix Corporation experienced significant gains. Active stocks in the industry include Wearable Devices Ltd., Vizio Holding Corp., and Lianhe Technology, with turnover rates of 8.05%, 2.23%, and 0.98%, respectively. Notably, stocks with high volatility include Wearable Devices Ltd C/Wts 12/09/2027, Foxx Development Holdings Inc C/Wts 26/09/2029, and Huibao Holdings, with fluctuations of 34.38%, 34.12%, and 20.06% respectively.

Huami Technology is known for producing smart health wearable products, operating through two segments: Xiaomi Wearable Products and Self-Branded Products and Others. Most of its revenue comes from the Xiaomi Wearable Products segment, with a product range that includes smartwatches and fitness bands.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.