DZS Stock Price Breaks Below 200-Day Moving Average
April 14, 2023
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The stock price of DZS ($NASDAQ:DZSI) Inc. has recently dropped below its 200-day moving average of $11.70 during trading on Monday, prompting a closer look at the company’s performance. DZS Inc. is a leading provider of digital solutions and services, specializing in network infrastructure and systems integration. The company is headquartered in San Francisco and has operations in the United States, Canada, Europe, Asia and the Middle East. The drop in DZS Inc.’s stock price below its 200-day moving average can be attributed to a number of factors, including the overall economic uncertainty due to the ongoing pandemic, as well as the fact that the company has yet to report its quarterly financial results. This could also be a result of investor sentiment that the company may struggle to meet its financial targets due to the various challenges brought about by the pandemic.
It will be interesting to see if DZS Inc. can recover from this setback in the coming days and weeks, as investors and analysts alike closely watch the company’s performance. Only time will tell if the stock price will make a comeback or further suffer due to continued market volatility.
Price History
On Wednesday, DZS Inc. stock opened at $7.6, but closed at $7.2, representing a 4.5% decline from the previous closing price of $7.6. This drop brought the stock’s price below its 200-day moving average, a key indicator of its long-term performance. This downward trend signals a potentially worrisome future for investors, as the stock has seen a significant drop since the beginning of this year. It is yet to be seen whether this downward trend will continue or if the stock can recover in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dzs Inc. More…
| Total Revenues | Net Income | Net Margin |
| 375.69 | -37.43 | -9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dzs Inc. More…
| Operations | Investing | Financing |
| -50.9 | -28.01 | 64.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dzs Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 385.01 | 242.28 | 4.61 |
Key Ratios Snapshot
Some of the financial key ratios for Dzs Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.0% | – | -9.0% |
| FCF Margin | ROE | ROA |
| -14.8% | -16.8% | -5.5% |
Analysis
GoodWhale has conducted an analysis of DZS INC’s wellbeing and concluded that the company is classified as a ‘rhino’ according to Star Chart. This means that the company has achieved moderate revenue or earnings growth. Investors who may be interested in such a company are likely to be looking for opportunities with growth potential and a good level of profitability. Our assessment of DZS INC’s financial health indicates that it is strong in growth and profitability, but only medium in asset. The company has a weak dividend, but an intermediate overall health score of 4/10, which suggests it is likely to sustain future operations in times of crisis. This makes it an attractive prospect for those investors looking for good returns over the medium-term. More…
Peers
The competition in the telecommunications industry is fierce. DZS Inc. is up against some of the biggest names in the business, including Extreme Networks Inc., ADVA Optical Networking SE, and Ciena Corp. Each company is striving to provide the best products and services to their customers. While DZS Inc. has a strong presence in the market, its competitors are not far behind.
– Extreme Networks Inc ($NASDAQ:EXTR)
With a market cap of $2.5 billion and a return on equity of 40.12%, Extreme Networks is a publicly traded networking company that provides software-driven networking solutions to enterprise customers. The company delivers high-performance switching, routing, and security solutions that enable customers to build agile, data-driven networks that connect their people, applications, and devices.
– ADVA Optical Networking SE ($LTS:0NOL)
ADVA Optical Networking SE has a market cap of 1.08B as of 2022, a Return on Equity of 4.24%. The company provides optical and Ethernet-based networking solutions.
– Ciena Corp ($NYSE:CIEN)
Ciena is a network specialist that provides equipment, software and services that support mission-critical applications for communications service providers, enterprises and governments worldwide. Its products and services enable its customers to drive revenue, reduce expenses and improve efficiency by delivering high-capacity, high-speed networking solutions. Ciena’s common stock is listed on the NASDAQ Global Select Market under the symbol CIEN and is included in the S&P 500 index.
ROE is return on equity and is a measure of how well a company uses investment funds to generate profits. A company with a higher ROE is using funds more effectively to generate profits. Ciena’s ROE of 6.6% indicates that it is using funds efficiently to generate profits.
Ciena’s market cap is 6.64B as of 2022. This means that the market value of Ciena’s outstanding shares is 6.64B. Ciena’s market cap is a good indicator of the company’s size and its position in the market.
Summary
DZS Inc. experienced a significant decline in share price during trading on Monday, with the stock price crossing below its 200-day moving average of $11.70. This is often indicative of a bearish trend in the market and could spell trouble for investors in the short term. Analysts suggest that this trend could continue if the company does not make significant strategic changes to improve performance. Investors should watch DZS Inc. closely in the coming weeks to see if the stock price rebounds or continues to decline.
