Zix Corporation (ZIXI) Soars 9.78%

Zix Corporation (ZIXI) Soars 9.78%

Zix Corporation is a Zix Corp is a provider of security software for organizations in the healthcare, financial services, insurance, and government sectors.

Zix Corporation (ZIXI) had a good day on the market for Friday February 05 as shares jumped 9.78% to close at $9.77. About 1.09 million shares traded hands on 7,916 trades for the day, compared with an average daily volume of n/a shares out of a total float of 56.99 million. After opening the trading day at $9.01, shares of Zix Corporation stayed within a range of $9.82 to $8.99.

With today’s gains, Zix Corporation now has a market cap of $556.8 million. Shares of Zix Corporation have been trading within a range of $9.47 and $2.84 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Zix Corp is a provider of security software for organizations in the healthcare, financial services, insurance, and government sectors. Its services include email encryption, data loss prevention, and bring- your-own-device security to meet data protection and compliance needs. The firm’s flagship Zix Email Encryption enables transparent encrypted email delivery through its patented Best Method of Delivery, a secure and convenient method for the recipient, and Zix Gateway, which encrypts and decrypts sensitive messages. The company derives revenue from subscription fees on a one- to three-year basis. The vast majority of the firm’s revenue is generated in the United States.

Zix Corporation is based out of Dallas, TX and has some 566 employees. Its CEO is David Wagner.

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