Zix Corporation (NASDAQ:ZIXI) has a beta of 1.14. The stock’s Relative Strength Index (RSI) is 42.77, with weekly volatility at 3.30% and ATR at 0.32. The ZIXI stock’s 52-week price range has touched low of $5.24 and a $10.37 high. Its shares traded higher over the last trading session, gaining 0.14% on 05/21/21. The shares fell to a low of $6.825 before closing at $6.94. Intraday shares traded counted 1.66 million, which was -124.28% lower than its 30-day average trading volume of 739.13K. ZIXI’s previous close was $6.93 while the outstanding shares total 54.54M.
Investors have identified the Software – Infrastructure company Zix Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $394.47 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 0.45 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ZIXI sounds very interesting.
Is the stock of ZIXI attractive?
In related news, Director, ELGAMAL TAHER sold 25,000 shares of the company’s stock in a transaction that recorded on Mar 11. The sale was performed at an average price of 7.76, for a total value of 194,000. As the sale deal closes, the Chief Revenue Officer, Di Leo John P. now bought 50,000 shares of the company’s stock, valued at 305,000. Also, Director, SPURR RICHARD sold 10,427 shares of the company’s stock in a deal that was recorded on Jun 12. The shares were price at an average price of 6.41 per share, with a total market value of 66,837. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.50%.
5 out of 5 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Zix Corporation. 0 analysts has assigned a Sell rating on the ZIXI stock. The 12-month mean consensus price target for the company’s shares has been set at $11.70.