Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Zynex Inc (NASDAQ: ZYXI) closed the day trading at $3.41 down -51.29% from the previous closing price of $7.00. In other words, the price has decreased by -$51.29 from its previous closing price. On the day, 4.03 million shares were traded.
Ratios:
For a better understanding of ZYXI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.96. For the most recent quarter (mrq), Quick Ratio is recorded 3.15 and its Current Ratio is at 3.94. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 1.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on Mar-13-25, Downgraded its rating to Sector Perform and sets its target price to $5.50 from $11 previously.
On October 16, 2023, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $13.RBC Capital Mkts initiated its Outperform rating on October 16, 2023, with a $13 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 03 ’25 when MOORHEAD DANIEL J sold 10,000 shares for $7.15 per share. The transaction valued at 71,500 led to the insider holds 10,050 shares of the business.
MOORHEAD DANIEL J sold 10,000 shares of ZYXI for $76,800 on Feb 03 ’25. The CHIEF FINANCIAL OFFICER now owns 19,738 shares after completing the transaction at $7.68 per share. On Feb 03 ’25, another insider, Daniel Moorhead, who serves as the Officer of the company, bought 20,000 shares for $7.84 each.
Valuation Measures:
As of this moment, Zynex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 3.04.
Stock Price History:
Over the past 52 weeks, ZYXI has reached a high of $13.19, while it has fallen to a 52-week low of $6.91. The 50-Day Moving Average of the stock is -55.37%, while the 200-Day Moving Average is calculated to be -58.95%.
Shares Statistics:
A total of 31.84M shares are outstanding, with a floating share count of 16.99M. Insiders hold about 46.65% of the company’s shares, while institutions hold 25.77% stake in the company.
