Sharps Technology Inc (NASDAQ: STSS): Performance Report And Growth Forecast

In the last trading session, 5.53 million Sharps Technology Inc (NASDAQ:STSS) shares changed hands as the company’s beta touched 1.40. With the company’s per share price at $0.32 changed hands at -$0.07 or -18.36% during last session, the market valuation stood at $0.65M. STSS’s last price was a discount, traded about -5571.87% off its 52-week high of $18.15. The share price had its 52-week low at $0.34, which suggests the last value was -6.25% down since then. When we look at Sharps Technology Inc’s average trading volume, we note the 10-day average is 4.15 million shares, with the 3-month average coming to 831.69K.

Sharps Technology Inc (NASDAQ:STSS) trade information

Instantly STSS was in red as seen at the end of in last trading. With action -78.14%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -84.50%, with the 5-day performance at -78.14% in the red. However, in the 30-day time frame, Sharps Technology Inc (NASDAQ:STSS) is -84.50% down. Looking at the short shares, we see there were 43298.0 shares sold at short interest cover period of 0.38 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -35.49%.

STSS Dividends

Sharps Technology Inc is expected to release its next quarterly earnings report in March.

Sharps Technology Inc (NASDAQ:STSS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.70% of Sharps Technology Inc shares while 4.03% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.18%. There are 4.03% institutions holding the Sharps Technology Inc stock share, with ESSENTIAL PLANNING, LLC. the top institutional holder. As of 2024-06-30, the company held 0.8728% of the shares, roughly 0.16 million STSS shares worth $39078.0.

HIGHTOWER ADVISORS, LLC holds the second largest percentage of outstanding shares, with 0.6475% or 0.12 million shares worth $29000.0 as of 2024-06-30.