Do Analysts Expect Zogenix, Inc. (ZGNX) Stock to Rise After It Is Up 1.72% in a Month?

Friday, March 04, 2022 10:23 AM | InvestorsObserver Analysts

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Do Analysts Expect Zogenix, Inc. (ZGNX) Stock to Rise After It Is Up 1.72% in a Month?

InvestorsObserver is giving Zogenix, Inc. (ZGNX) an Analyst Rating Rank of 20, meaning ZGNX is ranked higher by analysts than 20% of stocks. The average price target for ZGNX is $31.5 and analyst’s rate the stock as a Buy.

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

See Full ZGNX 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 Zogenix, Inc. Stock Today?

Zogenix, Inc. (ZGNX) stock is up 1.18% while the S&P 500 is lower by -1.3% as of 10:18 AM on Friday, Mar 4. ZGNX has risen $0.31 from the previous closing price of $26.26 on volume of 1,771,319 shares. Over the past year the S&P 500 has gained 14.28% while ZGNX has risen 31.15%. ZGNX lost -$4.07 per share the over the last 12 months. Click Here to get the full Stock Report for Zogenix, Inc. stock.