News stories about ZIX (NASDAQ:ZIXI) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ZIX earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 47.3051866088038 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
ZIXI has been the topic of a number of analyst reports. Zacks Investment Research cut shares of ZIX from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. BidaskClub raised shares of ZIX from a “strong sell” rating to a “sell” rating in a research note on Friday, December 15th. Imperial Capital reaffirmed an “in-line” rating and set a $4.50 price objective (down previously from $5.50) on shares of ZIX in a research note on Monday, February 26th. Finally, TheStreet cut shares of ZIX from a “b” rating to a “c+” rating in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. ZIX presently has an average rating of “Hold” and an average target price of $5.17.
Shares of ZIXI stock traded up $0.13 during trading hours on Wednesday, hitting $4.53. The stock had a trading volume of 375,640 shares, compared to its average volume of 260,603. ZIX has a 52-week low of $3.82 and a 52-week high of $6.67. The stock has a market cap of $234.35, a price-to-earnings ratio of -28.31, a price-to-earnings-growth ratio of 1.51 and a beta of 1.07.
Zix Corporation provides email encryption, threat protection, archiving, bring-your-own-device security, and data loss prevention solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States. The company offers Zix Email Encryption that allows an enterprise to use policy-driven rules to determine email messages that should be sent securely to comply with regulations or company-defined policies.
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