Zix Corporation (NASDAQ:ZIXI) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 28, 2016
Boasting a price of $4.09, Zix Corporation (NASDAQ:ZIXI) traded 0.74% higher on the day. With the last stock price close up 4.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Zix Corporation has recorded a 50-day average of $3.93 and a two hundred day average of $3.91. Volume of trade was down over the average, with 64,482 shares of ZIXI changing hands under the typical 188,089
Zacks Investment Research has upgraded Zix Corporation (NASDAQ:ZIXI) to Hold in a statement released on 9/28/2016.
With a total market value of $0, Zix Corporation has price-earnings ratio of 46.36 with a one year low of $3.23 and a one year high of $5.78 .
Brief Synopsis About Zix Corporation (NASDAQ:ZIXI)
Zix Corporation (ZixCorp) offers e-mail encryption, data loss prevention and bring-your-own-device (BYOD) security to meet business data protection and compliance needs. The Company operates in the segment of e-mail encryption and security solutions. The Company's Zix Email Encryption enables the secure exchange of e-mails that include sensitive information through a secure messaging service. The Company also offers ZixDirectory, which is an e-mail encryption community designed to share identities of its members; Best Method of Delivery, which is designed to deliver e-mail according to the sender's encryption policy, and ZixGateway, which is an enterprise gateway that automatically decrypts the message. The Company also offers ZixDLP, which is an e-mail-specific data loss prevention (DLP) solution. The Company's ZixOne is a mobile e-mail application that solves the information technology (IT) challenge created by the BYOD trend in the workplace.
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