Aditxt, Inc. (NASDAQ:ADTX – Free Report)’s stock is scheduled to reverse split before the market opens on Monday, March 9th. The 1-8 reverse split was announced on Thursday, March 5th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 6th.
Aditxt Price Performance
Aditxt stock traded down $0.04 during midday trading on Thursday, reaching $0.43. The stock had a trading volume of 317,961 shares, compared to its average volume of 1,867,065. Aditxt has a twelve month low of $0.42 and a twelve month high of $1,776.92. The firm has a market cap of $317,180.90, a price-to-earnings ratio of 0.00 and a beta of 1.53. The firm’s fifty day simple moving average is $0.78 and its two-hundred day simple moving average is $34.11.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Aditxt in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
Aditxt Company Profile
Aditxt, Inc is a clinical-stage biotechnology company focused on the development and commercialization of natural antimicrobial peptides and microbiome-based detection technologies. Leveraging proprietary peptide libraries, the company aims to provide novel solutions for infection prevention and control across healthcare, food safety, animal health and agricultural markets. Aditxt’s approach centers on harnessing peptides that can disrupt microbial cell membranes without promoting resistance, addressing a growing need for alternatives to traditional antibiotics and chemical disinfectants.
The company’s product offerings include contract-based microbial detection and identification services, designed to help hospitals, food processors and other regulated industries monitor contamination levels and validate hygiene protocols.
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