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Zynex Breaks Below 200-Day Moving Average - Notable for ZYXI
Thursday, December 19, 11:46 AM ET, by Market News Video Staff

In trading on Thursday, shares of Zynex Inc (ZYXI) crossed below their 200 day moving ...

Interesting ZYXI Put And Call Options For August 21st
Friday, January 10, 10:49 AM ET, by Market News Video Staff

Investors in Zynex Inc (ZYXI) saw new options begin trading this week, for the August ...

Noteworthy Monday Option Activity: CI, AMC, ZYXI
Monday, February 24, 3:23 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

ZYXI Crosses Above Average Analyst Target
Tuesday, February 25, 8:58 AM ET, by Market News Video Staff

In recent trading, shares of Zynex Inc (ZYXI) have crossed above the average analyst 12-month ...

First Week of April 17th Options Trading For Zynex (ZYXI)
Monday, March 2, 10:36 AM ET, by Market News Video Staff

Investors in Zynex Inc (ZYXI) saw new options become available this week, for the April ...

Grab This Deal Even Lower Than Chief Financial Officer Moorhead Did

By Market News Video Staff, Tuesday, August 4, 11:15 AM ET
Play Video: One Reason For Insiders to Buy


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There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on July 30, Zynex Inc's Chief Financial Officer, Daniel J. Moorhead, invested $49,494.63 into 2,733 shares of ZYXI, for a cost per share of $18.11. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Tuesday, bargain hunters could buy shares of Zynex Inc (NASDAQ:ZYXI) and achieve a cost basis 1.0% cheaper than Moorhead, with shares changing hands as low as $17.92 per share. Zynex Inc shares are currently trading down about 4.2% on the day. The chart below shows the one year performance of ZYXI shares, versus its 200 day moving average:

Zynex Inc Chart

Looking at the chart above, ZYXI's low point in its 52 week range is $7.51 per share, with $29.7271 as the 52 week high point — that compares with a last trade of $18.08. By comparison, below is a table showing the prices at which ZYXI insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
07/30/2020 Daniel J. Moorhead Chief Financial Officer 2,733 $18.11 $49,494.63

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Grab This Deal Even Lower Than Chief Financial Officer Moorhead Did | Market News Video | Copyright © 2008 - 2020, All Rights Reserved

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