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TMCNet:  Traders Get Bullish on Shares of Zix, Shares Up 5.4% (ZIXI)

[February 28, 2013]

Traders Get Bullish on Shares of Zix, Shares Up 5.4% (ZIXI)

Feb 28, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Zix (NASDAQ:ZIXI) is one of today's best performing low-priced stocks, up 5.4% to $3.69 on 1.0x average daily volume. Zix has traded 341,000 shares thus far today, vs. average volume of 336,000 shares per day. The stock has outperformed the Dow (5.4% to the Dow's 0.1%) and outperformed the S&P 500 (5.4% to the S&P's 0.2%) during today's trading.

Zix Corporation provides hosted internet applications in SaaS models that require high security. Two core businesses: Email Encryption for regulatory compliance and protecting sensitive communications and e-Prescribing, which provides real-time access to critical information at the point-of-care to enhance the electronic transmission of prescriptions directly to pharmacies.

In the past 52 weeks, Zix share prices have been bracketed by a low of $2.16 and a high of $4.21 and are now at $3.69, 71% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.3%.

Zix has overhead space with shares priced $3.69, or 27.4% below the average consensus analyst price target of $5.08. Zix shares have support at the 50-day moving average (MA) of $3.13 and additional support at the 200-day MA of $2.79.

SmarTrend recommended that subscribers consider buying shares of Zix on January 2nd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $2.94. Since that recommendation, shares of Zix have risen 19.3%. We continue to monitor ZIXI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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