Sharps Technology Inc (NASDAQ:STSS) currently has a daily average trading volume of 2.91M but it saw 2319237 shares traded in last market. With a market cap of 4.53M USD, the company’s current market price of $0.16 came rising about 5.95 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.89 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.1425 while lowest mark touched by it was $0.1596.
Taking a look at 20-day trading activity of Sharps Technology Inc (STSS) gives us an average price of $0.2431, while its current price level is -82.19% below from 52-week high level whereas it is 12.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2513 while that of 200 days or SMA-200 reads an average of $0.3059. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.31% during that period while stretching the period over a month that decreases to 11.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.07 which implies that the stock is in oversold territory.
Over the week, STSS’s stock price is moving -32.70% down while it is -38.78% when we observe its performance for the past one month. Year-to-date it is -61.89% down and over the past year, the stock is showing a downside performance of -80.65%.
Currently, Sharps Technology Inc’s total number of outstanding shares is 28.59M. Company’s return on investment (ROI) stands at -113.74% and return on equity (ROE) at -103.21%. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 0.63. Its return on asset (ROA) is -75.56% on average.
