Should You Sell SINTX Technologies Inc (SINT) And Go Away This Year?

SINTX Technologies Inc (NASDAQ:SINT) currently has a daily average trading volume of 5.64M but it saw 59719906 shares traded in last market. With a market cap of 0.57M USD, the company’s current market price of $0.03 came rising about 9.13 while comparing to the previous closing price of $0.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.19 and as low as $0.02.

Taking a look at 20-day trading activity of SINTX Technologies Inc (SINT) gives us an average price of $0.0926, while its current price level is -98.85% below from 52-week high level whereas it is 15.67% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1368 while that of 200 days or SMA-200 reads an average of $0.6400. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.02% during that period while stretching the period over a month that decreases to 10.08%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 17.44 which implies that the stock is in oversold territory.

Over the week, SINT’s stock price is moving -50.30% down while it is -80.78% when we observe its performance for the past one month. Year-to-date it is -93.42% down and over the past year, the stock is showing a downside performance of -98.68%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of -$0.39 beat the consensus estimate of -$0.75 for the same. In next quarter, company is expected to be making quarterly sales of $700k as analysts are expecting the sales for current fiscal year at $2.8 million and seeing the company making $2.31 million in sales next year. Moreover, analysts are in estimates of $690k for current-quarter revenue.

Currently, SINTX Technologies Inc’s total number of outstanding shares is 22.68M with 0.01% of that held by the insiders while 1.89% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -66.50% and return on equity (ROE) at -114.11%. Stock’s beta reads 1.47. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.22. Its return on asset (ROA) is -53.05% on average.