Aditxt Stock Set to Reverse Split on Monday, May 18th (NASDAQ:ADTX)

Aditxt, Inc. (NASDAQ:ADTXFree Report) shares are set to reverse split before the market opens on Monday, May 18th. The 1-27 reverse split was announced on Thursday, May 14th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 15th.

Aditxt Trading Down 20.7%

Shares of ADTX stock traded down $0.02 during trading hours on Thursday, hitting $0.07. The company’s stock had a trading volume of 9,725,623 shares, compared to its average volume of 1,495,209. The business has a fifty day moving average of $1.05 and a 200-day moving average of $14.72. The stock has a market cap of $60,387.20, a price-to-earnings ratio of 0.00 and a beta of 1.08. Aditxt has a twelve month low of $0.06 and a twelve month high of $1,979.67.

Aditxt (NASDAQ:ADTXGet Free Report) last released its quarterly earnings results on Tuesday, March 31st. The company reported $11,687.53 EPS for the quarter. Aditxt had a negative net margin of 1,217,927.00% and a negative return on equity of 374.60%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Aditxt in a research report on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Read Our Latest Stock Analysis on Aditxt

Aditxt Company Profile

(Get Free Report)

Aditxt, Inc is a clinical-stage biotechnology company focused on the development and commercialization of natural antimicrobial peptides and microbiome-based detection technologies. Leveraging proprietary peptide libraries, the company aims to provide novel solutions for infection prevention and control across healthcare, food safety, animal health and agricultural markets. Aditxt’s approach centers on harnessing peptides that can disrupt microbial cell membranes without promoting resistance, addressing a growing need for alternatives to traditional antibiotics and chemical disinfectants.

The company’s product offerings include contract-based microbial detection and identification services, designed to help hospitals, food processors and other regulated industries monitor contamination levels and validate hygiene protocols.

Further Reading

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