Sintx Technologies, Inc. (NASDAQ:SINT – Get Free Report) shares dropped 2.6% during mid-day trading on Thursday . The company traded as low as $1.47 and last traded at $1.52. 61,873 shares traded hands during trading, The stock had previously closed at $1.56.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on SINT shares. Ascendiant Capital Markets cut their price objective on Sintx Technologies from $16.00 to $12.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Maxim Group reiterated a “buy” rating and set a $6.00 target price on shares of Sintx Technologies in a research report on Thursday, June 4th. HC Wainwright reissued a “buy” rating and issued a $10.00 price target on shares of Sintx Technologies in a research note on Wednesday, May 20th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Sintx Technologies in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.33.
View Our Latest Analysis on Sintx Technologies
Sintx Technologies Stock Performance
Sintx Technologies (NASDAQ:SINT – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.70) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.04). The firm had revenue of $0.38 million during the quarter, compared to analysts’ expectations of $0.30 million. Sintx Technologies had a negative return on equity of 366.49% and a negative net margin of 1,058.60%. As a group, equities research analysts forecast that Sintx Technologies, Inc. will post -2.22 EPS for the current fiscal year.
Institutional Trading of Sintx Technologies
An institutional investor recently raised its stake in Sintx Technologies stock. Geode Capital Management LLC raised its holdings in shares of Sintx Technologies, Inc. (NASDAQ:SINT – Free Report) by 33.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,339 shares of the company’s stock after acquiring an additional 3,848 shares during the period. Geode Capital Management LLC owned about 0.56% of Sintx Technologies worth $49,000 at the end of the most recent reporting period. Institutional investors own 18.38% of the company’s stock.
Sintx Technologies Company Profile
Sintx Technologies, Inc (NASDAQ: SINT) is a medical materials company specializing in the development and manufacture of silicon nitride-based biomaterials for surgical and implantable medical devices. Its proprietary silicon nitride ceramic combines mechanical strength, biocompatibility and intrinsic antimicrobial properties, positioning it as an alternative to traditional metal and polymer implant materials. Sintx’s primary focus is on applications in spinal fusion, trauma fixation and dental implantology, where device performance and long-term biological response are critical.
The company’s core product offerings include silicon nitride powders for advanced implant fabrication and finished implantable components designed for interbody spinal fusion cages, spinal fixation hardware and trauma plates and screws.
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