Sintx Technologies (NASDAQ:SINT) Earns Buy Rating from HC Wainwright

Sintx Technologies (NASDAQ:SINT)‘s stock had its “buy” rating reissued by equities research analysts at HC Wainwright in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $10.00 price objective on the stock. HC Wainwright’s target price would suggest a potential upside of 354.55% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Ascendiant Capital Markets decreased their price objective on shares of Sintx Technologies from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Weiss Ratings restated a “sell (e+)” rating on shares of Sintx Technologies in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sintx Technologies has an average rating of “Hold” and a consensus price target of $11.00.

Sintx Technologies Trading Down 1.3%

SINT stock opened at $2.20 on Wednesday. Sintx Technologies has a twelve month low of $1.99 and a twelve month high of $6.78. The company’s 50 day moving average is $2.54 and its two-hundred day moving average is $3.11. The stock has a market cap of $9.50 million, a P/E ratio of -0.39 and a beta of 0.61.

Sintx Technologies (NASDAQ:SINT) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.70) earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $0.38 million for the quarter, compared to analyst estimates of $0.30 million. On average, equities research analysts predict that Sintx Technologies will post -2.16 earnings per share for the current year.

Hedge Funds Weigh In On Sintx Technologies

An institutional investor recently raised its position in Sintx Technologies stock. Geode Capital Management LLC boosted its stake in Sintx Technologies, Inc. (NASDAQ:SINT) by 33.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,339 shares of the company’s stock after acquiring an additional 3,848 shares during the period. Geode Capital Management LLC owned 0.56% of Sintx Technologies worth $49,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 18.38% of the company’s stock.

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.