DZS Inc (NASDAQ: DZSI) has experienced a decline in its stock price by -7.63 compared to its previous closing price of 1.18. However, the company has seen a fall of -10.66% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-29 that The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication – Infrastructure industry thrive despite near-term headwinds. IHS and DZSI are likely to benefit from the continued transition to cloud networks.
Is It Worth Investing in DZS Inc (NASDAQ: DZSI) Right Now?
The stock has a 36-month beta value of 1.59. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DZSI is 17.07M, and at present, short sellers hold a 7.44% of that float. On April 30, 2024, the average trading volume of DZSI was 130.32K shares.
DZSI’s Market Performance
The stock of DZS Inc (DZSI) has seen a -10.66% decrease in the past week, with a -17.42% drop in the past month, and a -37.71% fall in the past quarter. The volatility ratio for the week is 9.09%, and the volatility levels for the past 30 days are at 8.31% for DZSI. The simple moving average for the past 20 days is -11.74% for DZSI’s stock, with a -40.91% simple moving average for the past 200 days.
Analysts’ Opinion of DZSI
Cowen, on the other hand, stated in their research note that they expect to see DZSI reach a price target of $25. The rating they have provided for DZSI stocks is “Outperform” according to the report published on December 19th, 2022.
Stifel gave a rating of “Buy” to DZSI, setting the target price at $20 in the report published on March 01st of the previous year.
DZSI Trading at -18.19% from the 50-Day Moving Average
After a stumble in the market that brought DZSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.33% of loss for the given period.
Volatility was left at 8.31%, however, over the last 30 days, the volatility rate increased by 9.09%, as shares sank -18.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.22% lower at present.
During the last 5 trading sessions, DZSI fell by -10.66%, which changed the moving average for the period of 200-days by -72.26% in comparison to the 20-day moving average, which settled at $1.2230. In addition, DZS Inc saw -44.67% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DZSI
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.31 for the gross margin
The net margin for DZS Inc stands at -0.17. Equity return is now at value -39.81, with -16.69 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
To sum up, DZS Inc (DZSI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
