Alert: Negative Investment/Fundamental Signals (4/12/19)-Zogenix Inc (NASDAQ: ZGNX)


Extremely important negative changes in investment behavior have recently occurred for Zogenix Inc (NASDAQ: ZGNX): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Small negative changes in Zogenix Inc (NASDAQ: ZGNX) fundamentals have recently occurred: the stock’s power rating fell below 50.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, ZGNX is expected to be a major Value Eraser.

Zogenix has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Zogenix has a neutral Power Rating of 41 but a very low Appreciation Score of 9, and the Lowest Value Trend Rating results.

Recent Price Action

Zogenix Inc (NASDAQ: ZGNX) stock declined by -1.5% on 4/12/19. The shares closed at $38.46. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -25.3% during the last week.

About John Lafferty 37832 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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