The stock of SINTX Technologies Inc (NASDAQ: SINT) has decreased by -1.98 when compared to last closing price of 0.05.Despite this, the company has seen a loss of -63.60% in its stock price over the last five trading days. InvestorPlace reported 2024-03-25 that Sintx Technologies (NASDAQ: SINT ) stock is down on Monday as investors wait for more information about the medical device company’s proposed public offering. Sintx Technologies first announced its plans for a proposed public offering of SINT shares on Friday.
Is It Worth Investing in SINTX Technologies Inc (NASDAQ: SINT) Right Now?
The stock has a 36-month beta value of 1.47. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SINT is 22.67M, and at present, short sellers hold a 0.83% of that float. On April 01, 2024, the average trading volume of SINT was 3.65M shares.
SINT’s Market Performance
SINT stock saw a decrease of -63.60% in the past week, with a monthly decline of -63.92% and a quarterly a decrease of -87.82%. The volatility ratio for the week is 10.76%, and the volatility levels for the last 30 days are 7.64% for SINTX Technologies Inc (SINT). The simple moving average for the past 20 days is -57.82% for SINT’s stock, with a -92.70% simple moving average for the past 200 days.
SINT Trading at -69.74% from the 50-Day Moving Average
After a stumble in the market that brought SINT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.98% of loss for the given period.
Volatility was left at 7.64%, however, over the last 30 days, the volatility rate increased by 10.76%, as shares sank -64.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -83.42% lower at present.
During the last 5 trading sessions, SINT fell by -63.60%, which changed the moving average for the period of 200-days by -96.91% in comparison to the 20-day moving average, which settled at $0.1129. In addition, SINTX Technologies Inc saw -87.02% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SINT
Current profitability levels for the company are sitting at:
- -6.5 for the present operating margin
- 0.4 for the gross margin
The net margin for SINTX Technologies Inc stands at -2.43. The total capital return value is set at -1.07. Equity return is now at value -114.11, with -53.05 for asset returns.
Based on SINTX Technologies Inc (SINT), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -25.3. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -6679.0.
Currently, EBITDA for the company is -11.7 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The receivables turnover for the company is 3.0for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.90.
Conclusion
To sum up, SINTX Technologies Inc (SINT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
