Aditxt Inc (NASDAQ: ADTX) Seen Running Too Hot, Let’s Look At This More Closely

Schonfeld Strategic Advisors LLC recently announced the acquisition of new stake in Aditxt Inc (NASDAQ:ADTX). This fresh investment now brings its stake to 7.67% valued currently at $0.13 million. In addition, Armistice Capital LLC raised its holdings by 28000.0 to 28000.0 shares. And Tower Research Capital LLC has lifted its position by 665.04% or 1636.0 shares – to 1882.0 shares.

With over 27.5 million Aditxt Inc (ADTX) shares trading Friday and a closing price of $6.63 on the day, the dollar volume was approximately $182.35 million. The shares have shown a negative half year performance of -63.17% and its price on 12/29/23 gained nearly 37.55%. Currently, there are 1.25M common shares owned by the public and among those 1.24M shares have been available to trade.

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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 Aditxt Inc are Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Nasdaq Composite Index F. Vanguard Extended Market Index Fu owns 4363.0 shares of the company’s stock, all valued at over $17321.0. Fidelity Nasdaq Composite Index F now owns shares totaling to 0.01% of the shares outstanding.

Shares of Aditxt Inc (NASDAQ: ADTX) opened at $6.52, up $1.7 from a prior closing price of $4.82. However, the script later moved the day high at 8.47, up 37.55%. The company’s stock has a 5-day price change of 49.32% and -46.92% over the past three months. ADTX shares are trading -85.64% year to date (YTD), with the 12-month market performance down to -83.75% lower. It has a 12-month low price of $3.27 and touched a high of $76.40 over the same period. ADTX has an average intraday trading volume of 863.74K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 49.97%, 27.11%, and -63.10% respectively.

Institutional ownership of Aditxt Inc (NASDAQ: ADTX) shares accounts for 5.38% of the company’s 1.25M shares outstanding. Mutual fund holders own 1.21%, while other institutional holders and individual stakeholders account for 13.99% and 0.27% respectively.

It has a market capitalization of $8.29M and a beta (3y monthly) value of 0.92. The earnings-per-share (ttm) stands at -$213.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 17.62% over the week and 21.34% over the month.

Analysts forecast that Aditxt Inc (ADTX) will achieve an EPS of -$4.47 for the current quarter, -$3.33 for the next quarter and -$11.29 for 2024. The lowest estimate earnings-per-share for the quarter is -$4.47 while analysts give the company a high EPS estimate of -$4.47. Comparatively, EPS for the current quarter was -$210.8 a year ago.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Aditxt Inc (ADTX) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”

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