Zix Corporation (NASDAQ:ZIXI) went up by 3.60% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Software – Infrastructure giant went up by $6.90 to trade ended Tuesday trading at $6.66. This is up from the $6.66 price recorded on Monday’s trading session. Thanks to this latest performance, ZIXI is closer to the higher price 52-week target of $11.00 and further from the lowest price target of $9.00. Its performance from the start of the year has also been positive, with ZIXI up by 1.77% year-to-date.
Zix Corporation (ZIXI) started the day trading at $6.68 and recorded an intraday high of $6.98. It also recorded an intraday low of $6.515 during Tuesday’s trading session. Zix Corporation is a very active stock that recorded a trading volume that is less than -32.11% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 893182, which is less than -32.11 of the total average daily trading volume of 1.18 million.
Zix Corporation (NASDAQ:ZIXI) 2020 Performance Impressive
The increase in ZIXI’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of ZIXI currently stands at $10.51, which is higher than the current trading price of the stock by 34.35%. However, ZIXI’s current trading price is -142.96% lower than the 52-week low price of $2.84. In terms of trading volume, Zix Corporation currently experienced healthy participation during the last trading session. 893182 shares of Zix Corporation were traded on the stock exchange on Tuesday, which is less than -32.11% of the 1.18 million average trading volume of the stock.
The performance of the stock has been positive over the past year. ZIXI’s performance over the past one year has seen it plunge by -26.75%, while the stock has gone up by 1.92% in the last six months. The quarterly performance of ZIXI currently stands at 60.09%, and it is down by -1.99% in the last month. The only positive figure was from the weekly performance, which currently reads 0.44%. At the time of writing ZIXI’s report, the company has a total market cap of $405.44M, making it one of the largest publicly-traded companies in the world.Zix Corporation also has over 566 employees all over the world.
ZIXI Insider Activities
For Zix Corporation, insiders hold 68.30% of all company shares. The insider transactions over the past six months are up by 34.70%. During that period, insiders bought 810,854 shares in 13 transactions. In that same period, insiders sold 262,562 of their shares in 36 transactions. After these transactions, insiders at Zix Corporation now hold 2.44M shares, which is over 72.12% of the total company stocks. Institutional investors currently hold a large chunk of the ZIXI shares, as they control 4.48% of the company’s total stock.
ZIXI Fundamental Analysis
For Zix Corporation, the stock’s diluted earnings per share (EPS) stands at -0.36. In the coming year, analysts expect the EPS to be 0.62. The EPS growth will up over the next five years to 20.00% after plunging by -54.10% in the previous five years. In terms of revenue, Zix Corporation’s quarterly sales (YOY) is growing at 0.14, which is higher than the average annual revenue of -54.10% over the past half a decade.
The Return on Investment (ROI) on Zix Corporation’s stock currently stands at -2.10%, and it has a net profit margin of -9.70%. The operating margin of the company is -1.00%, and its gross margin is 53.30%.
ZIXI Analysts Prediction
In March 27, 2020, several analysts reiterated their positions on the Zix Corporation stock and predicted its performance to their investors. The analysts at Craig Hallum believe ZIXI is still a Buy and set the price target between $14 and $9. Imperial Capital reiterate their In-line position on the stock ($5.50 and $4.50) and Dougherty & Company reiterate their Buy position on the stock ($7 and $5.75).
Dougherty & Company and Dougherty & Company also believe that Zix Corporation’s stock is outperforming at the moment. ZIXI received a positive rating from Dougherty & Company, which set a price target of $6.50-$5.50 for the stock.
At the moment, Zix Corporation’s Total Debt to Equity ratio stands at 5.00, and they have a long-term Debt to Equity ratio of 4.92.
ZIXI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of ZIXI currently stands at -0.50%, while the SMA50 is 9.68%. The biggest one is the SMA200, which is currently reading 4.20% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 54.32.