Sintx Technologies Inc. (NASDAQ:SINT) shares traded higher over the last trading session, gaining 1.47% on 05/11/21. The shares fell to a low of $1.28 before closing at $1.38. Intraday shares traded counted 1.59 million, which was 50.03% higher than its 30-day average trading volume of 3.18M. SINT’s previous close was $1.36 while the outstanding shares total 24.61M. The firm has a beta of 2.03. The stock’s Relative Strength Index (RSI) is 37.86, with weekly volatility at 9.88% and ATR at 0.13. The SINT stock’s 52-week price range has touched low of $0.60 and a $3.44 high.
Investors have identified the Medical Devices company Sintx Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $33.88 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sintx Technologies Inc. (SINT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SINT, the company has in raw cash 25.35 million on their books with 0.11 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 27.59 million total, with 2.88 million as their total liabilities.
Is the stock of SINT attractive?
In related news, Chief Operating Officer, O’Brien David Francis bought 269 shares of the company’s stock in a transaction that recorded on Aug 27. The purchase was performed at an average price of 1.52, for a total value of 409. As the purchase deal closes, the Chief Operating Officer, O’Brien David Francis now bought 5,477 shares of the company’s stock, valued at 9,585. In the last 6 months, insiders have changed their ownership in shares of company stock by 5.59%.