Sharps Technology Inc (STSS) latest performance of 29.08% is not what was on cards

Sharps Technology Inc (NASDAQ: STSS) established initial surge of 29.08% at $0.31, before settling in for the price of $0.24 at the close. Taking a more long-term approach, STSS posted a 52-week range of $0.17-$0.94.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 0.00%. Meanwhile, its Annual Earning per share during the time was -35.49%. This publicly-traded company’s shares outstanding now amounts to $23.10 million, simultaneously with a float of $21.13 million. The organization now has a market capitalization sitting at $7.10 million. At the time of writing, stock’s 50-day Moving Average stood at $0.2817, while the 200-day Moving Average is $0.3756.

Sharps Technology Inc (STSS) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Sharps Technology Inc industry. Sharps Technology Inc’s current insider ownership accounts for 8.51%, in contrast to 10.37% institutional ownership. According to the most recent insider trade that took place on Feb 20 ’24, this organization’s Chief Executive Officer bought 10,000 shares at the rate of 0.34, making the entire transaction reach 3,400 in total value, affecting insider ownership by 95,882. Preceding that transaction, on Feb 06 ’24, Company’s Chief Executive Officer bought 10,000 for 0.29, making the whole transaction’s value amount to 2,900. This particular insider is now the holder of 85,882 in total.

Sharps Technology Inc (NASDAQ: STSS) Trading Performance Indicators

Let’s observe the current performance indicators for Sharps Technology Inc (STSS). It’s Quick Ratio in the last reported quarter now stands at 0.49. The Stock has managed to achieve an average true range (ATR) of 0.05.

In the same vein, STSS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.65.

Technical Analysis of Sharps Technology Inc (STSS)

Now, what If we examine the latest scores posted by [Sharps Technology Inc, STSS]. During the last 5-days, its volume was lower the volume of 5.49 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 10.35% While, its Average True Range was 0.0365.

Raw Stochastic average of Sharps Technology Inc (STSS) in the period of the previous 100 days is set at 8.87%, which indicates a major rise in contrast to 2.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 100.32% that was lower than 178.24% volatility it exhibited in the past 100-days period.