Zynex Inc (NASDAQ: ZYXI) is -72.78% lower on its value in year-to-date trading and has touched a low of $1.93 and a high of $12.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZYXI stock was last observed hovering at around $2.15 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $2.18, the stock is -5.09% and -53.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 1.40% at the moment leaves the stock -70.51% off its SMA200. ZYXI registered -82.06% loss for a year compared to 6-month loss of -72.58%. The firm has a 50-day simple moving average (SMA 50) of $4.732 and a 200-day simple moving average (SMA200) of $7.39265.
The stock witnessed a -19.56% gain in the last 1 month and extending the period to 3 months gives it a -72.30%, and is 1.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.12% over the week and 7.94% over the month.
Zynex Inc (ZYXI) has around 1000 employees, a market worth around $65.90M and $192.35M in sales. Current P/E ratio is 23.44. Profit margin for the company is 1.56%. Distance from 52-week low is 12.90% and -82.33% from its 52-week high. The company has generated returns on investments over the last 12 months (2.85%).
The EPS is expected to shrink by -644.44% this year
145.0 institutions hold shares in Zynex Inc (ZYXI), with institutional investors hold 51.74% of the company’s shares. The shares outstanding are 31.88M, and float is at 17.76M with Short Float at 21.29%. Institutions hold 26.76% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.24 million shares valued at $11.59 million. The investor’s holdings represent 3.8434 of the ZYXI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.17 million shares valued at $10.89 million to account for 3.6127 of the shares outstanding. The other top investors are HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC which holds 0.6 million shares representing 1.8508 and valued at over $5.58 million, while NANTAHALA CAPITAL MANAGEMENT, LLC holds 1.515 of the shares totaling 0.49 million with a market value of $4.57 million.
Zynex Inc (ZYXI) Insider Activity
The most recent transaction is an insider sale by MOORHEAD DANIEL J, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that MOORHEAD DANIEL J sold 10,000 shares of the company’s common stock on Mar 03 ’25 at a price of $7.15 per share for a total of $71500.0. Following the sale, the insider now owns 10050.0 shares.
Zynex Inc disclosed in a document filed with the SEC on Feb 03 ’25 that MOORHEAD DANIEL J (CHIEF FINANCIAL OFFICER) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Feb 03 ’25 and was made at $7.68 per share for $76800.0. Following the transaction, the insider now directly holds 19738.0 shares of the ZYXI stock.
Still, SEC filings show that on Feb 03 ’25, Daniel Moorhead (Officer) Proposed Sale 20,000 shares at an average price of $7.84 for $0.16 million. The insider now directly holds shares of Zynex Inc (ZYXI).
