Aditxt Stock Set to Reverse Split on Monday, May 18th (NASDAQ:ADTX)

Shares of Aditxt, Inc. (NASDAQ:ADTX) are going to reverse split on the morning of Monday, May 18th. The 1-27 reverse split was announced on Thursday, May 14th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 15th.

Aditxt Stock Down 20.7%

ADTX traded down $0.02 during midday trading on Thursday, hitting $0.07. 9,725,623 shares of the company were exchanged, compared to its average volume of 4,406,640. Aditxt has a 1-year low of $0.06 and a 1-year high of $1,979.67. The firm’s 50 day moving average price is $1.05 and its 200-day moving average price is $14.72.

Aditxt (NASDAQ:ADTX) last announced its earnings results on Tuesday, March 31st. The company reported $11,687.53 EPS for the quarter. Aditxt had a negative return on equity of 374.60% and a negative net margin of 1,217,927.00%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Aditxt in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Aditxt presently 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.