In the last trading session, 1.79 million shares of the Sharps Technology Inc (NASDAQ:STSS) were traded, and its beta was 1.40. Most recently the company’s share price was $0.33, and it changed around -$0.04 or -11.47% from the last close, which brings the market valuation of the company to $3.67M. STSS currently trades at a discount to its 52-week high of $18.15, offering almost -5400.0% off that amount. The share price’s 52-week low was $0.30, which indicates that the current value has risen by an impressive 9.09% since then. We note from Sharps Technology Inc’s average daily trading volume that its 10-day average is 6.83 million shares, with the 3-month average coming to 1.24 million.
Sharps Technology Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended STSS as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Sharps Technology Inc is expected to report earnings per share of 0 for the current quarter.
Sharps Technology Inc (NASDAQ:STSS) trade information
Instantly STSS has showed a red trend with a performance of -11.47% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.4250 on recent trading dayincreased the stock’s daily price by 22.35%. The company’s shares are currently down -83.93% year-to-date, but still down -15.32% over the last five days. On the other hand, Sharps Technology Inc (NASDAQ:STSS) is -85.15% down in the 30-day period. We can see from the shorts that 43298.0 shares have been sold at a short interest cover period of 0.38 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -35.49%.
STSS Dividends
Sharps Technology Inc’s next quarterly earnings report is expected to be released in March.
Sharps Technology Inc (NASDAQ:STSS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.70% of Sharps Technology Inc shares, and 4.03% of them are in the hands of institutional investors. The stock currently has a share float of 4.18%. Sharps Technology Inc stock is held by 12.0 institutions, with ESSENTIAL PLANNING, LLC. being the largest institutional investor. By 2024-06-30, it held 0.8728% of the shares, which is about 0.16 million shares worth $39078.0.
HIGHTOWER ADVISORS, LLC, with 0.6475% or 0.12 million shares worth $29000.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
