SINTX Technologies Inc [SINT] stock prices are down -2.75% to $0.02 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SINT shares have gain 7.83% over the last week, with a monthly amount drifted -80.56%, and not seem to be holding up well over a long-time horizon.
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On 3, April 2024, SINTX Technologies Announces Pricing of $1.5 Million Public Offering of Common Stock. In a post published today on Yahoo Finance, SINTX Technologies, Inc. (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment manufacturer of advanced ceramics, today announced the pricing of its previously announced public offering of 71,600,000 shares of its common stock at a public offering price of $0.021 per share. Gross proceeds from the offering are expected to be approximately $1.5 million before deducting placement agent fees and estimated offering expenses. The offering is expected to close on April 5, 2024, subject to customary closing conditions. SINTX intends to use the net proceeds of the offering, if any, for working capital and general corporate purposes.
From an analyst’s perspective:
The stock price of SINTX Technologies Inc [SINT] has been fluctuating between $0.02 and $2.19 over the past year. SINTX Technologies Inc [NASDAQ: SINT] shares were valued at $0.02 at the most recent close of the market.
Analyzing the SINT fundamentals
The SINTX Technologies Inc [NASDAQ:SINT] reported sales of 2.63M for trailing twelve months, representing a surge of 17.91%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -6.5%, Pretax Profit Margin comes in at -4.02%, and Net Profit Margin reading is -2.43%. To continue investigating profitability, this company’s Return on Assets is posted at -0.33, Equity is -0.41 and Total Capital is -1.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.0235 points at the first support level, and at 0.0223 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.0255, and for the 2nd resistance point, it is at 0.0263.
SINTX Technologies Inc [SINT] reported earnings per share of -$0.39 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.75/share, meaning a difference of $0.36 and a surprise factor of 48.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.85 per share as compared to estimates of -$0.76 per share, a difference of -$0.09 representing a surprise of -11.80%.
Ratios To Look Out For
It’s worth pointing out that SINTX Technologies Inc [NASDAQ:SINT]’s Current Ratio is 1.90. In addition, the Quick Ratio stands at 1.60 and the Cash Ratio stands at 1.15. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 0.02.
