Now Is The Time To Build A Position In SINTX Technologies Inc (NASDAQ:SINT)

SINTX Technologies Inc (NASDAQ:SINT)’s traded shares stood at 10.05 million during the last session, with the company’s beta value hitting 1.50. At the close of trading, the stock’s price was $0.05, to imply an increase of 2.64% or $0.0 in intraday trading. The SINT share’s 52-week high remains $2.47, putting it -4840.0% down since that peak but still an impressive 20.0% since price per share fell to its 52-week low of $0.04. The company has a valuation of $0.44M, with an average of 9.09 million shares in intraday trading volume over the past 10 days and average of 3.49 million shares over the past 3 months.

SINTX Technologies Inc (NASDAQ:SINT) trade information

After registering a 2.64% upside in the last session, SINTX Technologies Inc (SINT) has traded red over the past five days. The stock hit a weekly high of 0.1481, jumping 2.64% in its intraday price action. The 5-day price performance for the stock is -64.21%, and -64.64% over 30 days. With these gigs, the year-to-date price performance is -86.76%. Short interest in SINTX Technologies Inc (NASDAQ:SINT) saw shorts transact 0.15 million shares and set a 0.03 days time to cover.

SINTX Technologies Inc (SINT) estimates and forecasts

Revenue is forecast to grow 97.80% this quarter before jumping 53.20% for the next one. The rating firms project that company’s revenue will grow 57.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is $800k. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $690k.Earnings reports from the last fiscal year show that sales brought in $765k and $539k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.60% before jumping 28.00% in the following quarter.

SINT Dividends

SINTX Technologies Inc has its next earnings report out between May 13 and May 17. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. SINTX Technologies Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

SINTX Technologies Inc (NASDAQ:SINT)’s Major holders

SINTX Technologies Inc insiders hold 0.09% of total outstanding shares, with institutional holders owning 18.10% of the shares at 18.12% float percentage. In total, 18.10% institutions holds shares in the company, led by Vanguard Group Inc. As of Jun 29, 2023, the company held over 38425.0 shares (or 0.91% of shares), all amounting to roughly $47262.0.

The next major institution holding the largest number of shares is Renaissance Technologies, LLC with 29643.0 shares, or about 0.70% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $36460.0.

We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the SINTX Technologies Inc (SINT) shares. Going by data provided on Jun 29, 2023, Vanguard Extended Market Index Fund holds roughly 38309.0 shares. This is just over 0.91% of the total shares, with a market valuation of $47120.0. Data from the same date shows that the other fund manager holds a little less at 807.0, or 0.02% of the shares, all valued at about 1186.0.