Sharps Technology Inc (NASDAQ:STSS) currently has a daily average trading volume of 362.67K but it saw 19388623 shares traded in last market. With a market cap of 0.30M USD, the company’s current market price of $5.61 came rising about 12.20 while comparing to the previous closing price of $5.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $5446.32 and as low as $3.36. In the recent trading on the day, stock has struck highest price mark of $5.3 while lowest mark touched by it was $7.39.
Taking a look at 20-day trading activity of Sharps Technology Inc (STSS) gives us an average price of $7.48, while its current price level is -99.90% below from 52-week high level whereas it is 66.96% 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 $52.15 while that of 200 days or SMA-200 reads an average of $782.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.69% during that period while stretching the period over a month that increases to 37.32%. 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 29.88 which implies that the stock is in oversold territory.
Over the week, STSS’s stock price is moving -35.96% down while it is -37.46% when we observe its performance for the past one month. Year-to-date it is -99.09% down and over the past year, the stock is showing a downside performance of -99.70%.
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 0.06% of that held by the insiders while 25.35% 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 2.15. Stock has a price to book (P/B) ratio of 0.02. Its return on asset (ROA) is -97.33% on average.
