Sintx Technologies, Inc. (SINT), a Healthcare Medical Devices organization, saw its stock exchange 2.3650 shares, a reduction against its 10-day trading volume of 599.76k.
Sintx Technologies, Inc. (SINT) stock is trading at $2.3650, up +0.9050 cents or +61.99% on the day.
Sintx Technologies, Inc. (SINT) announced an agreement toward establishing a collaboration framework with Nissin Manufacturing Company, Japan (“Nissin”). The companies have agreed to terms whereby Nissin and SINTX will fund research and product development activities collaboratively at a newly developed joint research center, located in Kyoto, Japan. The purpose of this collaboration is to develop new products for worldwide markets, using SINTX’s unique technology and knowledge in silicon nitride ceramics, and Nissin’s superior manufacturing technology platforms and retail channels.
Total Revenue for Sintx Technologies, Inc. (SINT) is $532k, Gross Profit is $39k and the EBITDA is $-6.45M.
Sintx Technologies, Inc. (SINT) Technical Evaluation:
The average 10-day trading volume of Sintx Technologies, Inc. (SINT) is 599.76k compared to 150.34k over the last 3 months which indicates a spike in trading activity. At the time of writing, Sintx Technologies, Inc. (SINT) has a 50-day moving average of $1.5922 and a 200-day moving average of $1.9170. These moving averages are popular technical indicators that investors use to analyze price trends of Sintx Technologies, Inc. (SINT).
Approximately 3.50% of the shares of the company are sold short from investors betting the shares might trade lower. The beta value on Sintx Technologies, Inc. (SINT) stock is -0.05, indicating its 21.19% to 11.56% more volatile than the overall global market.
Technically, SINT’s short term resistance levels are $2.80, $2.73 and $2.41 on the upside.
Based on technical analysis, SINT has short term rating of Neutral (0.02), Intermediate rating of Bearish (-0.48) and the long-term rating of Bearish (-0.31) giving it an overall rating of Bearish (-0.26).
SINT is trading 88.80% off its 52 week low at $1.25 and -77.46% off its 52 week high of $10.47. Performance wise, SINT stock has recently shown investors -16.58% a spike in a week, -0.01% a spike in a month and -43.47% a spike in the past quarter.
On the flip side, Sintx Technologies, Inc. (SINT) has shown a return of -2.01% since the first of the year.
Sintx Technologies, Inc. (SINT) Key Statistics:
Sintx Technologies, Inc. (SINT) is a micro-cap company with a market cap value of $5.756M. SINT insiders hold roughly 15.96% of the shares.
On Sep-12-19 Ascendiant Capital Markets Initiated SINT as Buy.
There are currently 2.12M shares in the float and 2.48M shares outstanding. There are 3.50% shares short in SINTs float.
The industry rank for Sintx Technologies, Inc. (SINT) is 159 out of 255 ranking it at the Bottom 38% .
Sintx Technologies, Inc. (SINT) Fundamental Data:
SINT last 2 years revenues have decreased from $95 to $532 showing a downtrend.
Wall Street expects Sintx Technologies, Inc. (SINT) to report an EPS next Qtr profit of -0.70 and a profit of 52.80% next year.
The growth rate on SINT this year is NA compared to an industry NA. However, SINTs next year’s growth rate is NA compared to an industry NA.
The book value per share (mrq) is 2.83 and cash per share (mrq) is 1.17. Giving them a price/book (mrq) of NA compared to an industry of NA and SINTs price/cash flow (mrfy) is NA compared to an industry of NA.
SINT fundamental ratios shows an EPS growth vs. previous year NA and EPS growth vs. previous quarter NA.
About Sintx Technologies, Inc. (SINT):
SINTX Technologies Inc. is a biomaterials and OEM company. It develops and commercializes silicon nitride for biomedical applications including the spine, dental, oral maxillofacial, podiatry and arthroplasty markets. SINTX Technologies Inc., formerly known as Amedica Corporation, is based in UT, United States.