Zynex Inc. (ZYXI) Stock:Do Analysts Think You Should Hold?

Monday, July 19, 2021 10:39 AM | InvestorsObserver Analysts

Mentioned in this article

Wall Street is positive on Zynex Inc. (ZYXI). On average, analysts give the stock a Buy rating. The average price target is $23.9, which means analysts expect the stock to climb by 45.47% over the next twelve months. That average ranking earns the stock an Analyst Rating of 29, which is better than 29% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating ZYXI a Buy today. Find out what this means to you and get the rest of the rankings on ZYXI!
See Full ZYXI Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Zynex Inc. Stock Today?

Zynex Inc. (ZYXI) stock is trading at $16.43 as of 10:35 AM on Monday, Jul 19, a decline of -$0.38, or -2.25% from the previous closing price of $16.81. The stock has traded between $16.16 and $17.05 so far today. Volume today is 209,262 compared to average volume of 237,717. Click Here to get the full Stock Report for Zynex Inc. stock.

Share this article:

Related Articles