Aditxt Inc (NASDAQ: ADTX)’s stock price has soared by 6.75 in relation to previous closing price of 2.37. Nevertheless, the company has seen a gain of 4.98% in its stock price over the last five trading days. 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.
Is It Worth Investing in Aditxt Inc (NASDAQ: ADTX) Right Now?
The 36-month beta value for ADTX is at 1.10. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ADTX is 1.96M, and currently, shorts hold a 10.83% of that float. The average trading volume for ADTX on April 26, 2024 was 370.48K shares.
ADTX’s Market Performance
The stock of Aditxt Inc (ADTX) has seen a 4.98% increase in the past week, with a -18.52% drop in the past month, and a -34.96% fall in the past quarter. The volatility ratio for the week is 10.42%, and the volatility levels for the past 30 days are at 12.94% for ADTX. The simple moving average for the past 20 days is -11.52% for ADTX’s stock, with a -70.49% simple moving average for the past 200 days.
ADTX Trading at -22.46% 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 -96.28% of loss for the given period.
Volatility was left at 12.94%, however, over the last 30 days, the volatility rate increased by 10.42%, as shares sank -16.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.13% lower at present.
During the last 5 trading sessions, ADTX rose by +4.98%, which changed the moving average for the period of 200-days by -85.94% in comparison to the 20-day moving average, which settled at $2.83. In addition, Aditxt Inc saw -61.84% 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:
- -40.4 for the present operating margin
- -0.38 for the gross margin
The net margin for Aditxt Inc stands at -50.81. The total capital return value is set at -1.39. Equity return is now at value -304.58, with -117.08 for asset returns.
Based on Aditxt Inc (ADTX), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at -1.02. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is -4.08.
Currently, EBITDA for the company is -25.52 million with net debt to EBITDA at -0.71. When we switch over and look at the enterprise to sales, we see a ratio of 35.78. The receivables turnover for the company is 0.11for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In conclusion, Aditxt Inc (ADTX) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
