Zix Corp. (NASDAQ:ZIXI) was up 2.1% during trading on Wednesday . The stock traded as high as $3.87 and last traded at $3.86, with a volume of 59,881 shares traded. The stock had previously closed at $3.78.

Several equities research analysts have commented on ZIXI shares. Zacks Investment Research upgraded shares of Zix Corp. from a “sell” rating to a “hold” rating and set a $4.25 target price on the stock in a research report on Saturday, April 30th. Imperial Capital restated an “outperform” rating and set a $5.50 target price on shares of Zix Corp. in a research report on Monday, July 25th. Finally, TheStreet lowered shares of Zix Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Zix Corp. presently has an average rating of “Hold” and a consensus target price of $5.50.

The company has a 50 day moving average of $3.90 and a 200 day moving average of $3.91. The company has a market cap of $201.32 million and a P/E ratio of 43.30.

Zix Corp. (NASDAQ:ZIXI) last announced its earnings results on Tuesday, July 26th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $14.90 million for the quarter, compared to analysts’ expectations of $14.70 million. During the same period in the prior year, the company earned $0.04 earnings per share. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. Equities research analysts predict that Zix Corp. will post $0.24 earnings per share for the current fiscal year.

Zix Corporation (ZixCorp) offers e-mail encryption, data loss prevention and bring-your-own-device (BYOD) security to meet business data protection and compliance needs. The Company operates in the segment of e-mail encryption and security solutions. The Company’s Zix Email Encryption enables the secure exchange of e-mails that include sensitive information through a secure messaging service.

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