Sharps Technology Inc (NASDAQ:STSS) currently has a daily average trading volume of 510.93K but it saw 9825374 shares traded in last market. With a market cap of 0.77M USD, the company’s current market price of $0.38 came falling about -18.91 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.15 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.3607 while lowest mark touched by it was $0.4571.
Taking a look at 20-day trading activity of Sharps Technology Inc (STSS) gives us an average price of $1.8047, while its current price level is -97.92% below from 52-week high level whereas it is -8.54% 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 $2.2312 while that of 200 days or SMA-200 reads an average of $4.5074. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.24% during that period while stretching the period over a month that decreases to 9.61%. 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 12.11 which implies that the stock is in oversold territory.
Over the week, STSS’s stock price is moving -79.88% down while it is -81.18% when we observe its performance for the past one month. Year-to-date it is -81.64% down and over the past year, the stock is showing a downside performance of -94.77%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Sharps Technology Inc’s total number of outstanding shares is 1.80M with 3.70% of that held by the insiders while 4.03% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -120.99% and return on equity (ROE) at -92.06%. Stock’s beta reads 1.36. Stock has a price to book (P/B) ratio of 0.10. Its return on asset (ROA) is -61.43% on average.
