SINTX Technologies Inc (NASDAQ: SINT) Is Up 50.0% From Its 52-Week Low; YTD, It Is Down -89.85% – What To Do Now

During the last session, SINTX Technologies Inc (NASDAQ:SINT)’s traded shares were 44.8 million, with the beta value of the company hitting 1.45. The 52-week high for the SINT share is $1.82, that puts it down -4450.0 from that peak though still a striking 50.0% gain since the share price plummeted to a 52-week low of $0.02. The company’s market capitalization is $4.75M, and the average trade volume was 26.99 million shares over the past three months.

SINTX Technologies Inc (NASDAQ:SINT) trade information

SINTX Technologies Inc (SINT) registered a 8.10% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.10% in intraday trading to $0.04, hitting a weekly high. The stock’s 5-day price performance is 3.75%, and it has moved by -22.60% in 30 days. Based on these gigs, the overall price performance for the year is -97.64%.

SINTX Technologies Inc (SINT) estimates and forecasts

Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 61.50% this quarter and then jump 95.10% in the quarter after that. In the rating firms’ projections, revenue will increase 6.60% compared to the previous financial year.

Revenue for the current quarter is expected to be $690k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $700k by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $539k and $508k respectively. In this case, analysts expect current quarter sales to grow by 28.00% and then jump by 37.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 79.20%. While earnings are projected to return 97.37% in 2024.

SINT Dividends

SINTX Technologies Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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