It Seems Xtant Medical Holdings Inc (XTNT) Will Go Down. Formed A Few Months Bearish Double Bottom

June 19, 2017 - By Marie Mckinney

The chart of Xtant Medical Holdings Inc (XTNT) shows a double bottom with $0.56 target or 6.00 % below today’s $0.59 share price. The 9 months chart pattern indicates high risk for the $10.89M company. It was reported on Jun, 19 by Finviz.com. If the $0.56 price target is reached, the company will be worth $653,400 less. Double bottoms are rare but powerful chart patterns.

The stock increased 5.52% or $0.031 during the last trading session, reaching $0.591. About 3,000 shares traded. Xtant Medical Holdings Inc (NYSEMKT:XTNT) has declined 75.28% since June 19, 2016 and is downtrending. It has underperformed by 91.98% the S&P500.

Xtant Medical Holdings Inc (NYSEMKT:XTNT) Ratings Coverage

Among 2 analysts covering Xtant Medical Holdings (NYSEMKT:XTNT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Xtant Medical Holdings had 3 analyst reports since October 23, 2015 according to SRatingsIntel. As per Tuesday, May 23, the company rating was maintained by Maxim Group. Maxim Group initiated it with “Buy” rating and $2 target in Thursday, December 8 report. Brean Capital initiated Xtant Medical Holdings Inc (NYSEMKT:XTNT) on Friday, October 23 with “Buy” rating.

More notable recent Xtant Medical Holdings Inc (NYSEMKT:XTNT) news were published by: Globenewswire.com which released: “Xtant Medical Announces the Appointment of Carl O’Connell as President” on October 06, 2016, also Globenewswire.com with their article: “XTNT Announces Preliminary Fourth Quarter and Full Year 2016 Revenue …” published on January 11, 2017, Seekingalpha.com published: “Xtant Medical Holdings’ (XTNT) CEO Carl O’Connell on Q4 2016 Results …” on March 10, 2017. More interesting news about Xtant Medical Holdings Inc (NYSEMKT:XTNT) were released by: Globenewswire.com and their article: “Xtant Medical Enters into Licensing Agreement for Sites Medical’s OsteoSync Ti …” published on May 16, 2017 as well as Medgadget.com‘s news article titled: “Increase the Adoption of Xtant Medical Holdings Inc (XTNT) – Product Pipeline …” with publication date: June 13, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.