Sintx Technologies, Inc. (NASDAQ:SINT) has a beta value of 1.45 and has seen 13,806,865 shares traded in the last trading session. The company, currently valued at $24.56 Million, closed the last trade at $2.04 per share which meant it lost -$0.24 on the day or -10.53% during that session. The SINT stock price is -115.2% off its 52-week high price of $4.39 and 86.27% above the 52-week low of $0.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 42.03 Million shares traded. The 3-month trading volume is 6.62 Million shares.
The consensus among analysts is that Sintx Technologies, Inc. (SINT) is an Overweight stock at the moment, with a recommendation rating of 2.5. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.14.
Sintx Technologies, Inc. (NASDAQ:SINT) trade information
Despite being -10.53% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the SINT stock price touched $3.13-3 or saw a rise of 34.82%. Year-to-date, Sintx Technologies, Inc. shares have moved 36.91%, while the 5-day performance has seen it change 163.98%. Over the past 30 days, the shares of Sintx Technologies, Inc. (NASDAQ:SINT) have changed 207.09%. Short interest in the company has seen 36.65 Million shares shorted with days to cover at 5.54.
Wall Street analysts have a consensus price target for the stock at $2.25, which means that the shares’ value could jump 10.29% from current levels. The projected low price target is $2.25 while the price target rests at a high of $2.25. In that case, then, we find that the current price level is +10.29% off the targeted high while a plunge would see the stock lose 10.29% from current levels.
Sintx Technologies, Inc. (SINT) estimates and forecasts
Figures show that Sintx Technologies, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +38.1% over the past 6 months, with this year growth rate of NA%, compared to NA% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 99.3% and 82.1% for the next quarter. Revenue growth from the last financial year stood is estimated to be +6%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +92.6% while over the next 5 years, the company’s earnings are expected to increase by 0%.