Sharps Technology Inc (NASDAQ: STSS)’s Outlook Shocks Bears.

In the last trading session, 1.97 million shares of the Sharps Technology Inc (NASDAQ:STSS) were traded, and its beta was 1.46. Most recently the company’s share price was $0.29, and it changed around $0.01 or 1.72% from the last close, which brings the market valuation of the company to $3.20M. STSS currently trades at a discount to its 52-week high of $18.15, offering almost -6158.62% off that amount. The share price’s 52-week low was $0.26, which indicates that the current value has risen by an impressive 10.34% since then.

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 green trend with a performance of 1.72% 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 0.3676 on recent trading dayincreased the stock’s daily price by 21.11%. The company’s shares are currently down -85.94% year-to-date, but still down -12.98% over the last five days. On the other hand, Sharps Technology Inc (NASDAQ:STSS) is -28.49% down in the 30-day period.

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 April.

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.

The former held 12.07 shares worth $3496.0, making up 0.11% of all outstanding shares.