Equity Research firms currently have a positive stance on shares of Zogenix, Inc. (NASDAQ:ZGNX). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $18.25 on a short term basis.
At the time of writing, the stock was trading at $10.87. This represents a change from the opening price of -4.98%. In terms of performance, year to date, the stock is -24.08%. The monthly stock performance comes in at 36.80%. For the quarter, shares are performing at 39.18%. Weekly performance analysis shows the equity at 8.12%.
In taking a look at technical levels, shares are trading 14.85% away from the 50 day simple moving average and 9.76% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -34.36% away from it’s 52- week high and 48.29% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Zogenix, Inc.’s RSI stands at 60.30. In looking at volatility levels, the shares saw weekly volatility of 7.30% and 5.85% over the past month.