Zix Corp. (NASDAQ:ZIXI) saw unusually-strong trading volume on Friday . Approximately 238,160 shares were traded during trading, an increase of 28% from the previous session’s volume of 186,193 shares.The stock last traded at $3.72 and had previously closed at $3.71.

A number of analysts have recently commented on ZIXI shares. Zacks Investment Research cut Zix Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, August 2nd. Imperial Capital reissued an “outperform” rating and issued a $5.50 price target on shares of Zix Corp. in a research report on Monday, July 25th. Finally, TheStreet cut Zix Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. One equities 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 stock. The stock presently has a consensus rating of “Hold” and an average price target of $5.50.

The company has a market cap of $197.09 million and a PE ratio of 42.39. The company has a 50 day moving average price of $3.91 and a 200 day moving average price of $3.92.

Zix Corp. (NASDAQ:ZIXI) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.06. During the same period in the previous year, the business earned $0.04 EPS. The firm earned $14.90 million during the quarter, compared to the consensus estimate of $14.70 million. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. Equities analysts predict that Zix Corp. will post $0.24 earnings per share for the current 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.