In a filing, Zynex Inc revealed its CHIEF FINANCIAL OFFICER MOORHEAD DANIEL J unloaded Company’s shares for reported $71500.0 on Mar 03 ’25. In the deal valued at $7.15 per share,10,000 shares were sold. As a result of this transaction, MOORHEAD DANIEL J now holds 10,050 shares worth roughly $24924.0.
Then, MOORHEAD DANIEL J sold 10,000 shares, generating $76,800 in total proceeds. Upon selling the shares at $7.68, the CHIEF FINANCIAL OFFICER now owns 19,738 shares.
Before that, Daniel Moorhead bought 20,000 shares. Zynex Inc shares valued at $156,800 were divested by the Officer at a price of $7.84 per share.
RBC Capital Mkts downgraded its Zynex Inc [ZYXI] rating to a Sector perform from a an Outperform in a research note published on March 12, 2025; the price target was decreased to $5.50 from $11. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who decreased its forecast for the stock in mid March from “a Buy” to “a Neutral”. RBC Capital Mkts began covering ZYXI with “an Outperform” recommendation on October 16, 2023. Piper Sandler revised its rating on January 06, 2023. It rated ZYXI as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of ZYXI
On Tuesday, Zynex Inc [NASDAQ:ZYXI] saw its stock jump 12.73% to $2.48. Over the last five days, the stock has lost -2.36%. Zynex Inc shares have fallen nearly -69.04% since the year began. Nevertheless, the stocks have fallen -79.95% over the past one year. While a 52-week high of $12.84 was reached on 01/27/25, a 52-week low of $2.14 was recorded on 04/01/25. SMA at 50 days reached $6.14, while 200 days put it at $7.80.
Levels Of Support And Resistance For ZYXI Stock
The 24-hour chart illustrates a support level at 2.22, which if violated will result in even more drops to 1.96. On the upside, there is a resistance level at 2.66. A further resistance level may holdings at 2.83. The Relative Strength Index (RSI) on the 14-day chart is 20.64, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.00%. Stochastics %K at 9.10% indicates the stock is a buying.
How much short interest is there in Zynex Inc?
A steep rise in short interest was recorded in Zynex Inc stocks on 2025-03-14, dropping by -0.66 million shares to a total of 3.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.48 million shares. There was a decline of -17.12%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 28, 2022 when B. Riley Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $10.
