Sharps Technology Inc (NASDAQ:STSS) currently has a daily average trading volume of 3.40M but it saw 1928278 shares traded in last market. With a market cap of 3.37M USD, the company’s current market price of $0.30 came falling about -8.46 while comparing to the previous closing price of $0.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.15 and as low as $0.26.
Taking a look at 20-day trading activity of Sharps Technology Inc (STSS) gives us an average price of $0.3560, while its current price level is -98.33% below from 52-week high level whereas it is 15.02% 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 $1.2603 while that of 200 days or SMA-200 reads an average of $3.9317. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.66% during that period while stretching the period over a month that decreases to 21.81%. 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 29.54 which implies that the stock is in oversold territory.
Over the week, STSS’s stock price is moving -41.46% down while it is -34.82% when we observe its performance for the past one month. Year-to-date it is -85.24% down and over the past year, the stock is showing a downside performance of -96.06%.
The company is expected to be releasing its next quarterly report in March, 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 1.69M with 0.59% of that held by the insiders while 10.16% 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 1.42. Stock has a price to book (P/B) ratio of 0.08. Its return on asset (ROA) is -61.43% on average.
