Zynex Inc. (OTCMKTS:ZYXI) CFO Daniel J. Moorhead sold 13,750 shares of the company’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $8.25, for a total transaction of $113,437.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
OTCMKTS ZYXI traded up $0.43 during trading on Wednesday, hitting $8.65. 212,383 shares of the company’s stock were exchanged, compared to its average volume of 89,663. The company has a market cap of $251.19 million, a price-to-earnings ratio of 39.32 and a beta of 1.05. Zynex Inc. has a fifty-two week low of $2.40 and a fifty-two week high of $9.22.
Zynex (OTCMKTS:ZYXI) last issued its earnings results on Tuesday, April 30th. The company reported $0.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.02. The firm had revenue of $9.20 million during the quarter, compared to the consensus estimate of $8.45 million. Zynex had a return on equity of 152.81% and a net margin of 33.33%. As a group, equities research analysts forecast that Zynex Inc. will post 0.28 EPS for the current year.
Several equities research analysts recently weighed in on ZYXI shares. Zacks Investment Research raised shares of Zynex from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research report on Saturday, March 2nd. B. Riley reaffirmed a “buy” rating on shares of Zynex in a research report on Friday, February 22nd.
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Zynex, Inc, a medical technology company, designs, manufactures, and markets electrotherapy medical devices used for pain management and rehabilitation. Its products include NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation device; NeuroMove, an electromyography triggered electrical stimulation device; and InWave, an electrical stimulation product for the treatment of female urinary incontinence.
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