Sintx Technologies (NASDAQ:SINT) Shares Up 7.5%

Sintx Technologies (NASDAQ:SINT) shot up 7.5% on Wednesday . The stock traded as high as $1.61 and last traded at $1.58, 161,602 shares changed hands during trading. A decline of 58% from the average session volume of 383,291 shares. The stock had previously closed at $1.47.

Several research firms have weighed in on SINT. Maxim Group restated a “hold” rating on shares of Sintx Technologies in a report on Tuesday, September 24th. Ascendiant Capital Markets assumed coverage on Sintx Technologies in a research note on Wednesday, September 11th. They issued a “buy” rating and a $3.00 price objective for the company.

The firm’s 50 day moving average is $2.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.37 and a quick ratio of 2.33.

Sintx Technologies (NASDAQ:SINT) last posted its quarterly earnings data on Monday, November 18th. The company reported ($0.84) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.21) by $0.37. The business had revenue of $0.17 million during the quarter. Sintx Technologies had a negative return on equity of 70.34% and a negative net margin of 657.71%.

Sintx Technologies Company Profile (NASDAQ:SINT)

Sintx Technologies, Inc, a biomaterial company, researches, develops, manufactures, and commercializes a range of medical implant products manufactured with silicon nitride in the United States, Europe, and South America. The company offers ceramic based biomaterial solutions in various medical and industrial applications.

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