DZSI Stock Summary and Trading Ideas (DZS | NASDAQ:DZSI)

DZS Inc is a broad-based network access solutions provider. It designs, develops and manufactures communications network equipment for telecommunications operators and enterprises. The firm provides solutions in five major product areas: broadband access, mobile backhaul, Ethernet switching, passive optical LAN and software-defined networks. It also offers customer premise equipment, network management, cabinets, and channel bank. Its primary geographic markets are the Americas; Europe, Middle East, Africa, and Asia.

DZS trades on the NASDAQ stock market under the symbol DZSI.

As of May 8, 2024, DZSI stock price climbed to $1.85 with 2,669,067 million shares trading.

DZSI has a beta of 2.04, meaning it tends to be more sensitive to market movements. DZSI has a correlation of 0.06 to the broad based SPY ETF.

DZSI has a market cap of $69.48 million. This is considered a Micro Cap stock.

Last quarter DZS reported $91 million in Revenue and -$.06 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.01.

In the last 3 years, DZSI stock traded as high as $23.48 and as low as $.95.

The top ETF exchange traded funds that DZSI belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.

DZSI stock has underperformed the market in the last year with a return of -72.1%, while SPY returned +27.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DZSI shares. However, DZSI has outperformed the market in the last 3 month and 2 week periods, returning +20.1% and +54.2%, while SPY returned +4.2% and +2.3%, respectively. This indicates DZSI has been having a stronger performance recently.

DZSI support price is $1.25 and resistance is $1.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DZSI stock will trade within this expected range on the day.