Two Sigma Securities LLC recently announced the acquisition of new stake in Sintx Technologies Inc. (NASDAQ:SINT). This fresh investment now brings its stake to 0.10% valued currently at $42558.0. In addition, Northern Trust Investments, Inc.(.. raised its holdings by 15412.0 to 15412.0 shares.
With over 3.51 million Sintx Technologies Inc. (SINT) shares trading Friday and a closing price of $2.01 on the day, the dollar volume was approximately $7.05 million. The shares have shown a negative weekly performance of -17.28% and its price on 08/21/20 lost nearly -4.74%. Currently, there are 24.54M common shares owned by the public and among those 24.16M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 2 analysts who have offered their price forecasts for SINT have a consensus price objective of $4.25. The analysts have set the share’s price value over the next 12 months at a high of $4.50 and a low of $4.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Sintx Technologies Inc. stock is 2.00 for the next 12 months. The average price target is 40.53% above its last price level and an upside to the estimated low will see the stock gain 49.75% over that period. But an upside of 55.33% will see the stock hit the forecast high price target while mean target price for the stock is $4.25.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Sintx Technologies Inc. are Vanguard Extended Market Index Fu, USAA Extended Market Index Fund, and Fidelity Extended Market Index Fu. Vanguard Extended Market Index Fu owns 43421.0 shares of the company’s stock, all valued at over $89447.0. The company bought an additional 37200.0 shares recently to bring their total holdings to about 0.21% of the shares outstanding. USAA Extended Market Index Fund bought 1550.0 shares to see its total holdings expand to 1904.0 shares valued at over $3922.0 and representing 0.01% of the shares outstanding. Fidelity Extended Market Index Fu now owns shares totaling to 0.00% of the shares outstanding.
Shares of Sintx Technologies Inc. (NASDAQ: SINT) opened at $2.10, down -$0.01 from a prior closing price of $2.11. However, the script later closed the day at $2.01, down -4.74%. The company’s stock has a 5-day price change of -17.28% and 195.59% over the past three months. SINT shares are trading 34.90% year to date (YTD), with the 12-month market performance up to 30.52% higher. It has a 12-month low price of $0.28 and touched a high of $3.30 over the same period. Currently, 3.51 million shares have been traded, compared to an average intraday trading volume of 10.00 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -13.96%, 2.89%, and 59.41% respectively.
Institutional ownership of Sintx Technologies Inc. (NASDAQ: SINT) shares accounts for 0.30% of the company’s 24.54M shares outstanding. Mutual fund holders own 0.16%, while other institutional holders and individual stakeholders account for 0.22% and — respectively.
It has a market capitalization of $51.80M and a beta (3y monthly) value of 1.73. The earnings-per-share (ttm) stands at -$2.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.62% over the week and 11.05% over the month.
Analysts forecast that Sintx Technologies Inc. (SINT) will achieve an EPS of -$0.09 for the current quarter, -$0.09 for the next quarter and -$0.28 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.11 while analysts give the company a high EPS estimate of -$0.08. Comparatively, EPS for the current quarter was -$0.84 a year ago. Earnings per share for the fiscal year are expected to increase by 92.60%, and 69.20% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 2 brokerage firm advisors rate Sintx Technologies Inc. (SINT) as a “Moderate Buy” at a consensus score of 2.00. Specifically, 2 Wall Street analysts polled rate the stock as a buy, while 0 of the 2 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the SINT, a number of firms have released research notes about the stock. Ascendiant Capital Markets stated their Buy rating for the stock in a research note on September 12, 2019, with the firm’s price target at.