Worthy Analytical Review for Zogenix, Inc. (NASDAQ:ZGNX)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Zogenix, Inc. (NASDAQ:ZGNX) for the period of 9-Day stands at 23.08% while the stochastic %D for the same period stands at 40.86%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Zogenix, Inc. (NASDAQ:ZGNX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Zogenix, Inc. (NASDAQ:ZGNX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Zogenix, Inc. (NASDAQ:ZGNX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Zogenix, Inc. is a pharmaceutical company engaged in the development and commercialization of treatment products for central nervous system disorders and pain. Its first commercial product, Sumavel™ DosePro™ is a needle-free Delivery System used in the treatment of acute migraine and cluster headache in a pre-filled, single-use delivery system. Its lead product candidate, ZX002, is a novel, oral and single-entity controlled-release formulation of hydrocodone used for the treatment of moderate to severe chronic pain in patients requiring around-the-clock opioid therapy. Zogenix, Inc. is headquartered in San Diego, CA.

Previous Day Activity Analysis

On the last trading day, Zogenix, Inc. (NASDAQ:ZGNX) opened the session at $38.4 and after going down -1.17% closed at $38.1. The stock lost -0.3 points in the last trade.

Zogenix, Inc. (NASDAQ:ZGNX)’s stock fluctuated in the range of $37.60 and $39.15 during the previous active session. Zogenix, Inc. (NASDAQ:ZGNX) traded with the volume of 698889 with average volume of 1.43 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 2.01 while ATR (Average True Range) and RSI (Relative Strength Index) are at 2.5 and 73.97 respectively.

Currently the Insider Ownership of the shares of Zogenix, Inc. (NASDAQ:ZGNX) is at 9.27% and the shares outstanding are 32.86 Million.

Important Ratio Analysis

Some important ratios to consider here for Zogenix, Inc. (NASDAQ:ZGNX) are discussed below:

Dividend yield of Zogenix, Inc. (NASDAQ:ZGNX) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 45.69 and 11.91 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of Zogenix, Inc. (NASDAQ:ZGNX) stands at 3.5 while the Current Ratio depicts the value of 3.6.

Return on Assets ROA of Zogenix, Inc. (NASDAQ:ZGNX) is at -38.3% whereas, Return on Equity ROE and Return of Investment ROI of Zogenix, Inc. (NASDAQ:ZGNX) stand at -76.5% and -50.2% respectively.

Stock Performance Analysis

The stock performance of Zogenix, Inc. (NASDAQ:ZGNX) on the basis of 5 day trade show the dip of -7.75% whereas, the monthly performance of the stock shows increase of 167.37%.

The quarterly performance of the stock remained in green zone with the value of 180.15% while six month performance of the shares of Zogenix, Inc. (NASDAQ:ZGNX) remained bullish with the count of 254.42%.

The yearly and YTD performance of Zogenix, Inc. (NASDAQ:ZGNX) remained up at 320.99% and 213.58% respectively.