The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Zynex Inc shares valued at $71,500 were sold by MOORHEAD DANIEL J on Mar 03 ’25. At $7.15 per share, MOORHEAD DANIEL J sold 10,000 shares. The insider’s holdings dropped to 10,050 shares worth approximately $29145.0 following the completion of this transaction.
Also, MOORHEAD DANIEL J sold 10,000 shares, netting a total of over 76,800 in proceeds. Following the sale of shares at $7.68 each, the insider now holds 19,738 shares.
Before that, Daniel Moorhead had added 20,000 shares to its account. In a trade valued at $156,800, the Officer bought Zynex Inc shares for $7.84 each.
As published in a research note from RBC Capital Mkts on March 12, 2025, Zynex Inc [ZYXI] has been rated down from an Outperform to a Sector perform and the price target has been revised to $5.50 from $11. Analysts at Ladenburg Thalmann downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid March. As of October 16, 2023, RBC Capital Mkts has initiated its “an Outperform” rating for ZYXI. Earlier on January 06, 2023, Piper Sandler upgraded its rating. Their new recommendation was “an Overweight” for ZYXI stock which previously was a “a Neutral”.
Analyzing ZYXI Stock Performance
During the last five days, there has been a drop of approximately -60.04%. Over the course of the year, Zynex Inc shares have dropped approximately -63.73%. Shares of the company reached a 52-week high of $8.45 on 01/27/25 and a 52-week low of $2.77 on 03/13/25. A 50-day SMA is recorded $7.54, while a 200-day SMA reached $8.27.
Support And Resistance Levels for Zynex Inc (ZYXI)
According to the 24-hour chart, there is a support level at 2.62, which, if violated, would cause prices to drop to 2.33. In the upper region, resistance lies at 3.35. The next price resistance is at 3.79. RSI (Relative Strength Index) is 10.26 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.27, which suggests the price will decrease in the coming days. Percent R is at 97.19%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
