Zix Corporation (ZIXI) Drops 5.67% on January 15

Equities Staff  |

Zix Corporation (ZIXI) was one of the Russell 2000's biggest losers for Friday January 15 as the stock slid 5.67% to $4.49, a loss of $-0.27 per share. Starting at an opening price of $4.62 a share, the stock traded between $4.30 and $4.71 over the course of the trading day. Volume was 368,083 shares over 2,348 trades, against an average daily volume of 417,061 shares and a total float of 55.48 million.

The losses send Zix Corporation down to a market cap of $249.1 million. In the last year, Zix Corporation has traded between $5.78 and $3.47, and its 50-day SMA is currently $5.25 and 200-day SMA is $4.82.

The stock has a P/E Ratio of 52.9.

Zix Corp provides email encryption services. Its email encryption service enables the use of secure email for sensitive information exchange primarily in the healthcare, financial services, insurance and government sectors.

Zix Corporation is based out of Dallas, TX and has some 198 employees. Its CEO is Richard D. Spurr.

For a complete fundamental analysis analysis of Zix Corporation, check out Equities.com’s Stock Valuation Analysis report for ZIXI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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