Sintx Technologies (NASDAQ:SINT) Announces Quarterly Earnings Results

Sintx Technologies (NASDAQ:SINT) announced its earnings results on Friday. The company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.66) by ($0.04), FiscalAI reports. The company had revenue of $0.38 million for the quarter, compared to the consensus estimate of $0.30 million. Sintx Technologies had a negative net margin of 1,018.08% and a negative return on equity of 242.76%.

Sintx Technologies Stock Down 5.4%

Shares of Sintx Technologies stock traded down $0.13 during trading on Friday, reaching $2.27. The company’s stock had a trading volume of 30,165 shares, compared to its average volume of 40,487. Sintx Technologies has a 1-year low of $1.99 and a 1-year high of $6.78. The company has a market cap of $9.35 million, a price-to-earnings ratio of -0.40 and a beta of 0.61. The company has a 50-day simple moving average of $2.56 and a two-hundred day simple moving average of $3.13.

Analyst Upgrades and Downgrades

SINT has been the topic of several recent research reports. Ascendiant Capital Markets dropped their target price on Sintx Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sintx Technologies in a research report on Tuesday, April 21st. Finally, HC Wainwright initiated coverage on Sintx Technologies in a research report on Monday, April 13th. They set a “buy” rating and a $10.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Sintx Technologies presently has a consensus rating of “Hold” and a consensus target price of $11.00.

Institutional Trading of Sintx Technologies

An institutional investor recently raised its position in Sintx Technologies stock. Geode Capital Management LLC boosted its position in shares of Sintx Technologies, Inc. (NASDAQ:SINT) by 33.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 15,339 shares of the company’s stock after acquiring an additional 3,848 shares during the quarter. Geode Capital Management LLC owned about 0.56% of Sintx Technologies worth $49,000 at the end of the most recent reporting period. 18.38% of the stock is owned by institutional investors.

Sintx Technologies Company Profile

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.