Sintx Technologies (NASDAQ:SINT) Stock Price Up 7.5%

Sintx Technologies (NASDAQ:SINT)’s stock price rose 7.5% during mid-day trading on Wednesday . The company traded as high as $1.61 and last traded at $1.58, approximately 161,602 shares changed hands during mid-day trading. A decline of 58% from the average daily volume of 383,291 shares. The stock had previously closed at $1.47.

SINT has been the topic of a number of analyst reports. Ascendiant Capital Markets initiated coverage on Sintx Technologies in a report on Wednesday, September 11th. They issued a “buy” rating and a $3.00 price target on the stock. Maxim Group reiterated a “hold” rating on shares of Sintx Technologies in a report on Tuesday, September 24th.

The company’s fifty day simple moving average is $2.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.37 and a quick ratio of 2.33.

Sintx Technologies (NASDAQ:SINT) last announced its earnings results on Monday, November 18th. The company reported ($0.84) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.21) by $0.37. Sintx Technologies had a negative return on equity of 70.34% and a negative net margin of 657.71%. The firm had revenue of $0.17 million for the quarter.

Sintx Technologies Company Profile (NASDAQ:SINT)

Sintx Technologies, Inc, a biomaterial company, researches, develops, manufactures, and commercializes a range of medical implant products manufactured with silicon nitride in the United States, Europe, and South America. The company offers ceramic based biomaterial solutions in various medical and industrial applications.

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