As of Thursday close, Aditxt Inc.’s (NASDAQ:ADTX) stock was up $0.1, moving up 31.50 percent to $0.40. The average number of shares traded per day over the past five days has been 2,802,620 shares. 2 times new highs have been achieved over the past 5 days, with a $0.0572 gain in that time frame. In the last twenty days, the average volume was 755,425, while in the previous 50 days, it was 361,592.
Since last month, ADTX stock retreated -6.72%. Shares of the company fell to $0.2850 on 08/16/23, the lowest level in the past month. A 52-week high of $28.49 was reached on 04/20/23 after having rallying from a 52-week low of $0.28. Since the beginning of this year, ADTX’s stock price has dropped by -65.40% or -$0.7551, and marked a new high 2 times. However, the stock has declined by -98.60% since its 52-week high.
Valuation Metrics
The stock’s beta is 1.43. Besides these, the trailing price-to-sales (P/S) ratio of 3.25, the price-to-book (PB) ratio of 39.95.
Financial Health
In the three months ended June 29, Aditxt Inc.’s quick ratio stood at 0.20, while its current ratio was 0.30, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 19.60% percent. Based on annual data, ADTX earned $0.17 million in gross profit and brought in $0.93 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -455.00%. Return on equity (ROE) for the past 12 months was -570.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ADTX’s revenue rose 4.55% to $0.22 million during the quarter, while net income inched up to $0.22 million. While analysts expected Aditxt Inc. to report -$2.89 quarterly earnings, the actual figure was -$0.92 per share, beating the consensus estimate by 68.20%. During the quarter, the company generated -$3.92 million in EBITDA. The liabilities of Aditxt Inc. were 11.16 million at the end of its most recent quarter ended June 29. The value of shareholders’ equity is $7.61 million.
Technical Picture
This quick technical analysis looks at Aditxt Inc.’s (ADTX) price momentum. With a historical volatility rate of 154.15%, the RSI 9-day stood at 60.87% on 17 August.
With respect to its five-day moving average, the current Aditxt Inc. price is up by +16.71% percent or $0.0572. At present, ADTX shares trade -4.84% below its 20-day simple moving average and -53.24% percent below its 100-day simple moving average. However, the stock is currently trading approximately -33.42% below its SMA50 and -85.09% below its SMA200.
Stochastic coefficient K was 27.59% and Stochastic coefficient D was 17.62%, while ATR was 0.0445. Given the Stochastic reading of 54.52% for the 14-day period, the RSI (14) reading has been calculated as 52.41%.
Analyst Ratings
Aditxt Inc. (ADTX) has been rated Hold by analysts. According to 0 brokerage firms, ADTX is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Aditxt Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $4.00, the current consensus forecast for the stock is $4.00 – $4.00. Based on these forecasts, analysts predict Aditxt Inc. (ADTX) will achieve an average price target of $4.00.
