SINTX Technologies Inc (NASDAQ:SINT) traded at $0.05 at close of the session on Monday, April 29, made an upward move of 34.90% on its previous day’s price.
Looking at the stock we see that its previous close was $0.04. In terms of its 52-week price range, SINT has a high of $1.82 and a low of $0.02. The company’s stock has gained about 10.10% over that past 30 days.
SINTX Technologies Inc has a market cap of $6.69 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.05, with the EPS growth for the year raised at -$0.05 for 2024 and -$0.01 for next year. These figures represent 97.70% and 80.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $690k, with a low of $690k and a high of $690k. The median projection represents growth squeezing down to 28.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $2.8 million, or 6.60% up from figures reported last year.
On the other hand, looking at the outlook for the SINT stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is 73.18% off its SMA20 and -36.80% from its 50-day simple moving average. The RSI (14) is pointing at 51.03 while the volatility over the past week is 17.36% and jumps to 22.53% over the past one month. The beta value is 1.43, while the average true range (ATR) is currently pointing at 0.01.
Coming back to SINTX Technologies Inc (NASDAQ:SINT), we note that the average 3-month trading volume was 28.36 million. Current shares outstanding are 122.68 million.
The insiders hold 0.02% of the company’s shares while institutions hold 3.76%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -85.71% down in year-to-date price movement.
