As on Wednesday, Sharps Technology Inc (NASDAQ: STSS) got off with the flyer as it spiked 3.00% to $3.97, before settling in for the price of $3.85 at the close. Taking a more long-term approach, STSS posted a 52-week range of $2.34-$18.15.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 0.00% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -35.49%. This publicly-traded company’s shares outstanding now amounts to $1.80 million, simultaneously with a float of $1.74 million. The organization now has a market capitalization sitting at $7.13 million. At the time of writing, stock’s 50-day Moving Average stood at $3.22, while the 200-day Moving Average is $5.60.
Sharps Technology Inc (STSS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Instruments & Supplies industry. Sharps Technology Inc’s current insider ownership accounts for 3.38%, in contrast to 4.00% 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 0.57. The Stock has managed to achieve an average true range (ATR) of 0.36.
In the same vein, STSS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -9.04.
Technical Analysis of Sharps Technology Inc (STSS)
Through scrutinizing the latest numbers posted by the [Sharps Technology Inc, STSS], it can be observed that its last 5-days Average volume of 64300.0 was lower the volume of 0.19 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 89.39% While, its Average True Range was 0.37.
Raw Stochastic average of Sharps Technology Inc (STSS) in the period of the previous 100 days is set at 32.01%, which indicates a major fall in contrast to 87.94% 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 91.56% that was lower than 114.14% volatility it exhibited in the past 100-days period.
