On 11/6/24, Zynex Inc (NASDAQ: ZYXI) stock enjoyed a major increase of 10.2%, closing at $9.21. Moreover, exceptionally high trading volume at 224% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 3.3% during the last week.
Current PriceTarget Research Rating
ZYXI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Zynex has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Zynex has a poor Appreciation Score of 30 and a very low Power Rating of 4, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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