Zynex, Inc. (NASDAQ:ZYXI) has a beta value of 0.75 and has seen 812,850 shares traded in the last trading session. The company, currently valued at $487.96 Million, closed the last trade at $14.06 per share which meant it lost -$0.54 on the day or -3.7% during that session. The ZYXI stock price is -111.45% off its 52-week high price of $29.73 and 46.59% above the 52-week low of $7.51. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.65 Million shares traded. The 3-month trading volume is 984.39 Million shares.

The consensus among analysts is that Zynex, Inc. (ZYXI) is a Buy stock at the moment, with a recommendation rating of 1.8. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 5 have rated it as a Hold, with 5 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.05.

Zynex, Inc. (NASDAQ:ZYXI) trade information

Despite being -3.7% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Oct 12 when the ZYXI stock price touched $18.95- or saw a rise of 25.8%. Year-to-date, Zynex, Inc. shares have moved 78.65%, while the 5-day performance has seen it change -28.74%. Over the past 30 days, the shares of Zynex, Inc. (NASDAQ:ZYXI) have changed -12.18%. Short interest in the company has seen 5.07 Million shares shorted with days to cover at 0.01.

Wall Street analysts have a consensus price target for the stock at $26.35, which means that the shares’ value could jump 87.41% from current levels. The projected low price target is $22.5 while the price target rests at a high of $31.25. In that case, then, we find that the current price level is +122.26% off the targeted high while a plunge would see the stock lose 60.03% from current levels.

Zynex, Inc. (ZYXI) estimates and forecasts

Figures show that Zynex, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +5.71% over the past 6 months, with this year growth rate of 7.14%, compared to 8.1% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -16.7% and -11.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be +79.2%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +27.8% over the past 5 years. Earnings growth for 2020 is a modest -0.4%.