What Recent Market Trends Mean for Aditxt Inc’s (ADTX) Stock

In the past week, ADTX stock has gone up by 20.29%, with a monthly gain of 12.00% and a quarterly plunge of -42.40%. The volatility ratio for the week is 8.57%, and the volatility levels for the last 30 days are 7.53% for Aditxt Inc The simple moving average for the last 20 days is 12.56% for ADTX stock, with a simple moving average of -61.87% for the last 200 days.

Is It Worth Investing in Aditxt Inc (NASDAQ: ADTX) Right Now?

Moreover, the 36-month beta value for ADTX is 1.02. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for ADTX is 1.96M and currently, short sellers hold a 1.79% of that float. On April 02, 2024, ADTX’s average trading volume was 141.85K shares.

ADTX) stock’s latest price update

Aditxt Inc (NASDAQ: ADTX) has seen a rise in its stock price by 20.10 in relation to its previous close of 3.18. However, the company has experienced a 20.29% gain in its stock price over the last five trading sessions. Proactive Investors reported 2024-01-02 that Aditxt Inc’s shares fell more than 20% in Tuesday premarket trading after the company announced the pricing of a $6 million private placement of shares and accompanying warrants. The Richmond, Virginia-based medical technologies company said it entered definitive agreements for the purchase and sale of an aggregate of 1,237,114 shares of common stock at $4.85 per share and accompanying warrant, in a private placement priced at the market under Nasdaq rules.

ADTX Trading at 5.45% from the 50-Day Moving Average

After a stumble in the market that brought ADTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.00% of loss for the given period.

Volatility was left at 7.53%, however, over the last 30 days, the volatility rate increased by 8.57%, as shares surge +8.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.00% lower at present.

During the last 5 trading sessions, ADTX rose by +19.69%, which changed the moving average for the period of 200-days by -83.90% in comparison to the 20-day moving average, which settled at $3.41. In addition, Aditxt Inc saw -42.40% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ADTX starting from BNP PARIBAS SECURITIES CORP, who sale 20,800 shares at the price of $33.23 back on Sep 07 ’23. After this action, BNP PARIBAS SECURITIES CORP now owns 22,342 shares of Aditxt Inc, valued at $691,140 using the latest closing price.

Stock Fundamentals for ADTX

Current profitability levels for the company are sitting at:

  • -34.38 for the present operating margin
  • 0.14 for the gross margin

The net margin for Aditxt Inc stands at -40.75. The total capital return value is set at 8.54. Equity return is now at value -698.60, with -215.98 for asset returns.

Based on Aditxt Inc (ADTX), the company’s capital structure generated 3.03 points at debt to capital in total, while cash flow to debt ratio is standing at -3.49. The debt to equity ratio resting at -1.49. The interest coverage ratio of the stock is -7.76.

Currently, EBITDA for the company is -24.28 million with net debt to EBITDA at -0.18. When we switch over and look at the enterprise to sales, we see a ratio of 15.87. The receivables turnover for the company is 2.07for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.30.

Conclusion

To wrap up, the performance of Aditxt Inc (ADTX) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.

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