Sharps Technology Inc (NASDAQ:STSS) currently has a daily average trading volume of 102.86M but it saw 157783983 shares traded in last market. With a market cap of 0.35M USD, the company’s current market price of $0.02 came falling about -26.71 while comparing to the previous closing price of $0.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.15 and as low as $0.01. In the recent trading on the day, stock has struck highest price mark of $0.0204 while lowest mark touched by it was $0.031.
Taking a look at 20-day trading activity of Sharps Technology Inc (STSS) gives us an average price of $0.0338, while its current price level is -99.88% below from 52-week high level whereas it is 91.07% 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 $0.2018 while that of 200 days or SMA-200 reads an average of $2.7259. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.69% during that period while stretching the period over a month that increases to 48.98%. 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 29.77 which implies that the stock is in oversold territory.
Over the week, STSS’s stock price is moving -19.25% down while it is -86.26% when we observe its performance for the past one month. Year-to-date it is -98.96% down and over the past year, the stock is showing a downside performance of -99.67%.
The company is expected to be releasing its next quarterly report on 2024-May-13, 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 16.33M with 1.17% of that held by the insiders while 6.89% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -465.71% and return on equity (ROE) at -187.23%. Stock’s beta reads 1.96. Stock has a price to book (P/B) ratio of 0.02. Its return on asset (ROA) is -97.33% on average.
