65.8 F
New York
Saturday, September 26, 2020

Sintx Technologies Inc. (NASDAQ:SINT) is Waving the Bear Flag

Must read

Netflix Inc. (NASDAQ:NFLX) Recent Earnings Shows Major Promise

Netflix Inc. (NFLX) shares are trading at higher $473.08 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...

Glu Mobile Inc. (NASDAQ:GLUU) is Waving the Bull Flag

Glu Mobile Inc. (GLUU) shares are trading at higher $7.40 and the avg recommendation for the stock is Strong Buy, while the current analyst...

Kaleido Biosciences Inc. (NASDAQ:KLDO) Stock is Soaring, Here is Why

Kaleido Biosciences Inc. (KLDO) shares are trading at higher $8.84 and the avg recommendation for the stock is Moderate Buy. To add more color...

The Rejuvenation of The Kraft Heinz Company (NASDAQ:KHC)

The Kraft Heinz Company (KHC) shares are trading at higher $28.84 and the avg recommendation for the stock is Moderate Buy, while the current...

The Sintx Technologies Inc. (SINT) shares are trading at lower $2.07 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $2.25.

To add more color to this target, the company’s high over the last year is $4.39 and the low is $0.28. Over the last 52 weeks, SINT is down -52.85% while the S&P 500 is down -0.63%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, SINT reported a profit of $41000.0. Sintx Technologies Inc. also saw revenues increase to $0.21 million. In addition, SINT has free cash flow of -$3.42 million as of 03-2020. The company’s EBITDA came in at -$1.84 million which compares well with its peers.

SINT Return on Equity (ROE) is -193.70%, and its Return on Assets is -120.60%. All told, it is clear that, SINT needs to be on your watchlist.

Find out when SINT reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. SINT has a short ratio of 0.03 and outstanding shares of 20.93M.

Company Outlook

SINT has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 7.12 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -5.91. Sintx Technologies Inc. SINT also noted assets of $15.36 million at the end of the last quarter. Investors should also keep an eye on sector updates as SINT has historically followed its peers on positive news.

All told, Sintx Technologies Inc. SINT has strung together solid data and demonstrated underlying fundamentals. At its current valuation, SINT represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Sintx Technologies Inc. SINT is now commanding a market cap of 44.48M and a float of 11.55M. SINT is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of SINT stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in SINT, either long or short, and we have not been compensated for this article.

Latest article

Axalta Coating Systems Ltd. (NYSE:AXTA) on the Path to Ruin

Axalta Coating Systems Ltd. (AXTA) shares are trading at lower $21.63 and the avg recommendation for the stock is Moderate Buy, while the current...

Is Now the Time to Invest in Agnico Eagle Mines Limited (NYSE:AEM)?

Agnico Eagle Mines Limited (AEM) shares are trading at higher $78.28 and the avg recommendation for the stock is Moderate Buy, while the current...

AIkido Pharma Inc. (NASDAQ:AIKI) Stock is Plummeting, Here is Why

AIkido Pharma Inc. (AIKI) shares are trading at lower $0.55. To add more color to this target, the company’s high over the last year...

Muscle Maker Inc. (NASDAQ:GRIL) is Holding Steady

Muscle Maker Inc. (GRIL) shares are trading at lower $1.44. To add more color to this target, the company’s high over the last year...

Investor Confidence is Falling for MICT Inc. (NASDAQ:MICT)

MICT Inc. (MICT) shares are trading at lower $3.08 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...