Sintx Technologies, Inc. (NASDAQ:SINT) has a beta value of 1.59 and has seen 568,424 shares traded in the last trading session. The company, currently valued at $46.4 Million, closed the last trade at $1.89 per share which meant it lost -$0.06 on the day or -3.08% during that session. The SINT stock price is -74.6% off its 52-week high price of $3.3 and 85.19% 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 1.2 Million shares traded. The 3-month trading volume is 4.74 Million shares.
The consensus among analysts is that Sintx Technologies, Inc. (SINT) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 2 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.09.
Sintx Technologies, Inc. (NASDAQ:SINT) trade information
Despite being -3.08% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Oct 15 when the SINT stock price touched $2 or saw a rise of 5.5%. Year-to-date, Sintx Technologies, Inc. shares have moved 26.85%, while the 5-day performance has seen it change -3.57%. Over the past 30 days, the shares of Sintx Technologies, Inc. (NASDAQ:SINT) have changed 5%. Short interest in the company has seen 174.08 Million shares shorted with days to cover at 36.73.
Wall Street analysts have a consensus price target for the stock at $4.25, which means that the shares’ value could jump 124.87% from current levels. The projected low price target is $4 while the price target rests at a high of $4.5. In that case, then, we find that the current price level is +138.1% off the targeted high while a plunge would see the stock lose 111.64% 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 +286.11% over the past 6 months. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 89.3% and 78% for the next quarter. Revenue growth from the last financial year stood is estimated to be +23.4%.
2 analysts offering their estimates for the company have set an average revenue estimate of $210Million for the current quarter. 2 have an estimated revenue figure of $230Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $210Million and $252Million respectively for this quarter and the next, and analysts expect sales will grow by 0% for the current quarter and -8.7% for the next.
Earnings growth for 2020 is a modest +92.6%.