SINTX Technologies Inc (NASDAQ: SINT) has seen a decline in its stock price by -0.42 in relation to its previous close of 0.05. However, the company has experienced a 16.09% gain 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.
Is It Worth Investing in SINTX Technologies Inc (NASDAQ: SINT) Right Now?
The 36-month beta value for SINT is at 1.37. 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 SINT is 122.66M, and currently, shorts hold a 0.45% of that float. The average trading volume for SINT on May 06, 2024 was 31.85M shares.
SINT’s Market Performance
SINT’s stock has seen a 16.09% increase for the week, with a 86.85% rise in the past month and a -69.80% fall in the past quarter. The volatility ratio for the week is 19.15%, and the volatility levels for the past 30 days are at 22.39% for SINTX Technologies Inc The simple moving average for the last 20 days is 34.91% for SINT stock, with a simple moving average of -90.78% for the last 200 days.
SINT Trading at -40.14% 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 -97.42% of loss for the given period.
Volatility was left at 22.39%, however, over the last 30 days, the volatility rate increased by 19.15%, as shares surge +91.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -66.50% lower at present.
During the last 5 trading sessions, SINT rose by +16.09%, which changed the moving average for the period of 200-days by -96.65% in comparison to the 20-day moving average, which settled at $0.0359. In addition, SINTX Technologies Inc saw -87.70% 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 3.24. 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 conclusion, SINTX Technologies Inc (SINT) has had a mixed 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.
