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Maxim Group Thinks Sintx Technologies’ Stock is Going to Recover

Maxim Group analyst Tate Sullivan maintained a Buy rating on Sintx Technologies (SINTResearch Report) yesterday and set a price target of $1.00. The company’s shares closed last Friday at $0.45, close to its 52-week low of $0.36.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 14.5% and a 41.4% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Seanergy Maritime, and Globus Maritime.

Currently, the analyst consensus on Sintx Technologies is a Moderate Buy with an average price target of $1.00.

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Sintx Technologies’ market cap is currently $11.17M and has a P/E ratio of -1.13.

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SINTX Technologies, Inc. operates as a commercial biomaterial company. It focuses on using silicon nitride technology platform to develop, manufacture and sell a range of medical devices. The firm markets spinal fusion products and develops products for use in total hip and knee joint replacements. Its FDA-cleared and CE-marked spine products are marketed in the U.S. and selected markets in Europe and South America. The company was founded by Aaron A. Hofmann and Ashok C. Khandkar in 1996 and is headquartered in Salt Lake City, UT.

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