Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $2.23 in the prior trading day, Zynex Inc (NASDAQ: ZYXI) closed at $1.26, down -43.27%. In other words, the price has decreased by -$43.27 from its previous closing price. On the day, 2.26 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ZYXI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 57.51 whereas as Long-Term Debt/Eq ratio is at 7.05.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on March 12, 2025, whereas the target price for the stock was revised from $11 to $5.50.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 30.39.
Stock Price History:
Over the past 52 weeks, ZYXI has reached a high of $9.42, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -45.95%, while the 200-Day Moving Average is calculated to be -75.75%.
Shares Statistics:
A total of 30.29M shares are outstanding, with a floating share count of 17.80M. Insiders hold about 41.24% of the company’s shares, while institutions hold 22.64% stake in the company.
