Sharps Technology Inc (STSS) Slumps 12.69%, A Gain For Bears

Sharps Technology Inc (NASDAQ:STSS) has a beta value of 1.41 and has seen 12.31 million shares traded in the last trading session. The company, currently valued at $3.29M, closed the last trade at $0.30 per share which meant it gained $0.04 on the day or 12.69% during that session. The STSS stock price is -5950.0% off its 52-week high price of $18.15 and 16.67% above the 52-week low of $0.25.

Sharps Technology Inc (NASDAQ:STSS) trade information

Sporting 12.69% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the STSS stock price touched $0.30 or saw a rise of 3.23%. Year-to-date, Sharps Technology Inc shares have moved -85.60%, while the 5-day performance has seen it change 4.21%. Over the past 30 days, the shares of Sharps Technology Inc (NASDAQ:STSS) have changed -19.00%.

Sharps Technology Inc (STSS) estimates and forecasts

The company’s shares have lost -95.55% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -35.49% over the past 5 years.

STSS Dividends

Sharps Technology Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

The top two institutional holders are ESSENTIAL PLANNING, LLC. with over 0.16 million shares worth more than $39078.0. As of 2024-06-30, ESSENTIAL PLANNING, LLC. held 0.8728% of shares outstanding.

The other major institutional holder is HIGHTOWER ADVISORS, LLC, with the holding of over 0.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $29000.0 and represent 0.6475% of shares outstanding.