SINTX Technologies Inc [NASDAQ: SINT] loss -1.60% or 0.0 points to close at $0.05 with a heavy trading volume of 16118675 shares. The company report on March 25, 2024 at 9:00 AM that SINTX Technologies Announces Pricing of $1.3 Million Public Offering of Common Stock.
Maxim Group LLC is acting as sole placement agent in connection with this offering.
The daily chart for SINT points out that the company has recorded -93.93% loss over the past six months.
If we look at the average trading volume of 3.25M shares, SINT reached to a volume of 16118675 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SINTX Technologies Inc [SINT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SINT shares is $10.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SINT stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Ascendiant Capital Markets have made an estimate for SINTX Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 12, 2019.
The Average True Range (ATR) for SINTX Technologies Inc is set at 0.02, with the Price to Sales ratio for SINT stock in the period of the last 12 months amounting to 0.17. The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 0.71.
Trading performance analysis for SINT stock
SINTX Technologies Inc [SINT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -62.15. With this latest performance, SINT shares dropped by -64.06% in over the last four-week period, additionally sinking by -93.93% over the last 6 months – not to mention a drop of -97.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SINT stock in for the last two-week period is set at 18.06, with the RSI for the last a single of trading hit 13.58, and the three-weeks RSI is set at 22.53 for SINTX Technologies Inc [SINT]. The present Moving Average for the last 50 days of trading for this stock 0.1692, while it was recorded at 0.0938 for the last single week of trading, and 0.6856 for the last 200 days.
SINTX Technologies Inc [SINT]: A deeper dive into fundamental analysis
SINTX Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.87 and a Current Ratio set at 2.09.
SINTX Technologies Inc [SINT]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, SINTX Technologies Inc posted -34.69/share EPS, while the average EPS was predicted by analysts to be reported at -5.51/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -529.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SINT.
An analysis of Institutional ownership at SINTX Technologies Inc [SINT]
The top three institutional holders of SINT stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in SINT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in SINT stock with ownership which is approximately 5.8325%.
