SINTX Technologies Inc (SINT) Beta Value: Understanding the Market Risk

The 36-month beta value for SINT is also noteworthy at 1.47. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for SINT is 122.66M, and at present, short sellers hold a 1.00% of that float. The average trading volume of SINT on April 15, 2024 was 8.33M shares.

SINT) stock’s latest price update

SINTX Technologies Inc (NASDAQ: SINT) has seen a decline in its stock price by -4.82 in relation to its previous close of 0.02. However, the company has experienced a -3.27% decline in its stock price over the last five trading sessions. 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.

SINT’s Market Performance

SINTX Technologies Inc (SINT) has experienced a -3.27% fall in stock performance for the past week, with a -81.48% drop in the past month, and a -93.78% drop in the past quarter. The volatility ratio for the week is 8.92%, and the volatility levels for the past 30 days are at 10.79% for SINT. The simple moving average for the last 20 days is -64.36% for SINT stock, with a simple moving average of -96.09% for the last 200 days.

SINT Trading at -78.68% 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 -98.92% of loss for the given period.

Volatility was left at 10.79%, however, over the last 30 days, the volatility rate increased by 8.92%, as shares sank -81.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -84.61% lower at present.

During the last 5 trading sessions, SINT fell by -3.27%, which changed the moving average for the period of 200-days by -98.07% in comparison to the 20-day moving average, which settled at $0.0614. In addition, SINTX Technologies Inc saw -93.79% 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 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at -3.33. The debt to equity ratio resting at 0.48. 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 1.86. 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

In summary, SINTX Technologies Inc (SINT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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