Sintx Technologies (NASDAQ:SINT) Shares Down 2.6% – Time to Sell?

Sintx Technologies, Inc. (NASDAQ:SINT)’s share price fell 2.6% on Thursday . The company traded as low as $1.47 and last traded at $1.52. Approximately 61,873 shares were traded during mid-day trading, The stock had previously closed at $1.56.

Analysts Set New Price Targets

Several research firms have issued reports on SINT. HC Wainwright restated a “buy” rating and set a $10.00 target price on shares of Sintx Technologies in a research report on Wednesday, May 20th. Maxim Group reiterated a “buy” rating and issued a $6.00 price target on shares of Sintx Technologies in a research report on Thursday, June 4th. Ascendiant Capital Markets decreased their price objective on Sintx Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Sintx Technologies in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $9.33.

Sintx Technologies Stock Performance

The firm’s 50 day moving average is $1.98 and its 200 day moving average is $2.57.

Sintx Technologies (NASDAQ:SINT) last posted its earnings results on Friday, May 15th. The company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.66) by ($0.04). Sintx Technologies had a negative return on equity of 366.49% and a negative net margin of 1,058.60%.The firm had revenue of $0.38 million during the quarter, compared to analysts’ expectations of $0.30 million. As a group, equities analysts forecast that Sintx Technologies, Inc. will post -2.22 EPS for the current year.

Institutional Investors Weigh In On Sintx Technologies

A hedge fund recently raised its position in Sintx Technologies stock. Geode Capital Management LLC raised its holdings in shares of Sintx Technologies, Inc. (NASDAQ:SINT) by 53.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,624 shares of the company’s stock after buying an additional 9,265 shares during the quarter. Geode Capital Management LLC owned about 0.72% of Sintx Technologies worth $103,000 as of its most recent filing with the Securities & Exchange Commission. 18.38% of the stock is currently owned by hedge funds and other institutional investors.

About Sintx Technologies

Sintx Technologies, Inc (NASDAQ: SINT) is a medical materials company specializing in the development and manufacture of silicon nitride-based biomaterials for surgical and implantable medical devices. Its proprietary silicon nitride ceramic combines mechanical strength, biocompatibility and intrinsic antimicrobial properties, positioning it as an alternative to traditional metal and polymer implant materials. Sintx’s primary focus is on applications in spinal fusion, trauma fixation and dental implantology, where device performance and long-term biological response are critical.

The company’s core product offerings include silicon nitride powders for advanced implant fabrication and finished implantable components designed for interbody spinal fusion cages, spinal fixation hardware and trauma plates and screws.