ZYXI.O Surges Past 5-Day SMA Amid Management Shift

Shares of Zynex, Inc. (ZYXI.O) rose today, crossing above its 5-day simple moving average, signaling a potential shift in momentum. This technical breakout comes as the company undergoes significant management changes aimed at addressing recent compliance and liquidity challenges. In Q3 2025, Zynex reported a sharp decline in net revenue to $13.4 million, down from $50 million year-over-year, primarily due to a Tricare payment suspension and operational hurdles. The company also faced a net loss of $42.9 million, including a substantial non-cash impairment charge, raising concerns about its financial health. As Zynex engages Province, LLC for strategic alternatives, including potential capital raising and restructuring, investors are closely monitoring these developments for signs of recovery.