Sintx Technologies (NASDAQ:SINT) Trading Up 17.3%

Sintx Technologies, Inc. (NASDAQ:SINT) was up 17.3% during trading on Friday . The stock traded as high as $4.19 and last traded at $4.07. Approximately 508,929 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 568,835 shares. The stock had previously closed at $3.47.

Sintx Technologies Stock Performance

The stock has a 50-day moving average price of $4.42 and a two-hundred day moving average price of $9.30. The stock has a market capitalization of $2.49 million, a PE ratio of -0.01 and a beta of 1.41.

Sintx Technologies (NASDAQ:SINT) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($3.61) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($996.20) by $992.59. The firm had revenue of $0.86 million during the quarter. Sintx Technologies had a negative net margin of 275.14% and a negative return on equity of 89.99%.

Institutional Trading of Sintx Technologies

A hedge fund recently bought a new stake in Sintx Technologies stock. Anson Funds Management LP purchased a new position in Sintx Technologies, Inc. (NASDAQ:SINT) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 959,297 shares of the company’s stock, valued at approximately $47,000. Anson Funds Management LP owned approximately 4.23% of Sintx Technologies as of its most recent SEC filing. Hedge funds and other institutional investors own 18.38% of the company’s stock.

About Sintx Technologies

Sintx Technologies, Inc, an advanced ceramics company, engages in the research, development, and commercialization of medical devices manufactured with silicon nitride for biomedical, technical, and antipathogenic applications in the United States. It provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products, as well as silicon nitride composite materials, polyetheretherketone, and polyetherketoneketone.