Zynex Inc. (ZYXI) Issues Quarterly Earnings Results

Zynex Inc. (OTCMKTS:ZYXI) released its quarterly earnings results on Monday. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01, Bloomberg Earnings reports. Zynex had a negative return on equity of 86.24% and a net margin of 18.12%.

Shares of Zynex (OTCMKTS ZYXI) traded up $0.07 during mid-day trading on Tuesday, hitting $3.07. The company’s stock had a trading volume of 7,918 shares, compared to its average volume of 38,493. Zynex has a one year low of $0.10 and a one year high of $2.94. The stock has a market cap of $91.66, a P/E ratio of 35.75 and a beta of -0.03. The company has a quick ratio of 0.60, a current ratio of 0.64 and a debt-to-equity ratio of -0.04.

A number of research firms recently issued reports on ZYXI. Taglich Brothers restated a “speculative buy” rating on shares of Zynex in a research note on Monday, August 21st. ValuEngine upgraded Zynex from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd.

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About Zynex

Zynex, Inc operates through the Electrotherapy and Pain Management Products segment. The Company conducts its business through its subsidiaries and the operating subsidiary is Zynex Medical, Inc (ZMI). Its other subsidiaries include Zynex Monitoring Solutions, Inc (ZMS) and Zynex Europe, ApS (ZEU). ZMI designs, manufactures and markets medical devices that treat chronic and acute pain, as well as activate and exercise muscles for rehabilitative purposes with electrical stimulation.

Earnings History for Zynex (OTCMKTS:ZYXI)

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