How to Buy Zynex Stock
Zynex Inc
Zynex, Inc. , through its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation.
Zynex stock last closed at $2.23, down 0.67% from the previous day, and has decreased 80.52% in one year. It has underperformed other stocks in the Medical Distribution industry by 1.02 percentage points. Zynex stock is currently +15.48% from its 52-week low of $1.93, and -81.71% from its 52-week high of $12.19.
At the moment, there are 30.24M ZYXI shares outstanding. The market capitalization of ZYXI is $67.43M. In the past 24 hours, 204,198 ZYXI shares were traded.
How to Buy Zynex Stock
Wondering how to invest in Zynex stock? Here's how.
- Decide where to buy Zynex stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Zynex stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Zynex stock: The Zynex ticker symbol is ZYXI. Is Zynex stock a good investment? Should you buy shares of ZYXI? How do ZYXI's underlying business fundamentals look? Do top analysts think Zynex is a good buy? Why has ZYXI's stock price moved recently? (Hint: Our stock research tools can help you understand if ZYXI is a good stock to buy).
- Execute your ZYXI trade: Decide if you will purchase ZYXI shares at the current market price or use a limit order to buy ZYXI stock at a specific price.
- Keep an eye on your ZYXI position: Create a watchlist to track your position in Zynex stock.
Step 1: Decide where to buy Zynex stock
You will need an online brokerage account in order to access the NASDAQ market and buy ZYXI stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can invest in ZYXI stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you've created your account on the best stock investing app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Evaluate Zynex stock
After you have selected the best place to buy Zynex stock, it's critical to analyze their stock before you invest, so you actually comprehend the risk and opportunity.
Zynex stock quick numbers
ZYXI Overview
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ZYXI's stock page.
How is ZYXI stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ZYXI's true value.
Using relative valuations measures:
- ZYXI may be undervalued based on its P/B ratio of 3.25x, relative to Medical Distribution industry P/B ratio of -116.27x
You can access additional valuation analysis on ZYXI's stock here.
A quick look at ZYXI Financials
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the ZYXI balance sheet.
- ZYXI has cash burn of 443000. It has sufficient cash and short-term investments to cover this for at least one year.
- ZYXI has $24.26M in cash and short term investments. This is sufficient to cover its annual cash burn of $443.00k.
Failed Financial Due Diligence Checks:
- ZYXI has a relatively high debt to equity ratio of 4.09.
- ZYXI profit margin has gone down from 4.3% to -4.3% in the past year.
- There are more long-term liabilities than short-term assets on the ZYXI balance sheet.
- Total ZYXI debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Zynex stock, according to analysts?
Out of 2 Wall Street analysts who track ZYXI, the consensus analyst rating on ZYXI is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Zynex stock forecast page.
Metrics for Advanced ZYXI Traders
ZYXI Earnings
Last year, ZYXI revenue was $172.40M. In the past 5 year, ZYXI's revenue has increased by 27.33% per year. This was faster than the Medical Distribution industry average of 9.07%.
Learn more about ZYXI's earnings and revenue performance here.
What are ZYXI insiders up to?
Over the last 12 months, executives and large shareholders at ZYXI have sold more shares than they have bought.
Anna Lucsok, CHIEF OPERATING OFFICER of ZYXI, was the latest ZYXI insider to sell. They sold $6,097.42 worth of ZYXI shares on Apr 28, 2025.
Learn more about who owns ZYXI shares here.
Can I rely on ZYXI as an income stream?
No, Zynex doesn't provide an income stream by paying out dividends.
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Step 5: Execute your ZYXI trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and your broker will execute the order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your ZYXI position
Now that you own some ZYXI shares, you'll want to keep up with your new shares.
Add ZYXI to a watchlist to get notified of important updates regarding your ZYXI stock.
ZYXI Feed
How to Buy Stock in Zynex
To summarize, here are the 6 steps to buy Zynex stock:
- Decide where to buy Zynex stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Zynex stock
- Execute your ZYXI trade
- Keep an eye on your ZYXI position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your new investment in Zynex, create your watchlist below.
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