On 7/26/24, Zynex Inc (NASDAQ: ZYXI) stock suffered a major decline of -12.4%, closing at $8.93. Moreover, this decline was accompanied by exceptionally high trading volume at 687% of normal. The stock has performed in line with the market over the last nine months and has declined -13.2% 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 C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Zynex has a good Appreciation Score of 76 but a neutral Power Rating of 41, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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