Aditxt, Inc. (NASDAQ:ADTX) is a company dedicated to advancing health innovations. It is preparing for a significant change with a reverse stock split scheduled for November 3, 2025. This reverse split will consolidate 113 shares into 1 share, a move approved by the company's stockholders. Despite this change, ADTX will continue to trade under the same symbol on the Nasdaq Capital Market.
The reverse stock split aims to adjust the share price and potentially attract more investors. Currently, ADTX's stock is priced at $0.068, having decreased by 40.61% with a change of $0.04. This price adjustment is significant, considering the stock's fluctuation today between $0.0615 and $0.078. The reverse split could help stabilize the stock price by reducing the number of shares available.
ADTX's market capitalization is approximately $165,318, reflecting the company's current valuation. The trading volume today is 38.18 million shares, indicating active trading activity. Over the past year, the stock has seen a high of $140 and a low of $0.06, showcasing its volatility. The reverse stock split might help in reducing this volatility by consolidating shares.
Despite the reverse split, ADTX will maintain its presence on the NASDAQ exchange. This decision aligns with the company's strategy to remain competitive and appealing to investors. The reverse split is a strategic move to enhance the stock's marketability and potentially improve its financial standing.