Sharps Technology Inc (STSS) Investors To Reap Big Returns Again

Sharps Technology Inc (NASDAQ:STSS) has a beta value of 1.97 and has seen 382.26 million shares traded in the last trading session. The STSS stock price is -60400.0% off its 52-week high price of $18.15 and 66.67% above the 52-week low of $0.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 422.78 million shares traded. The 3-month trading volume is 92.19 million shares.

Sharps Technology Inc (NASDAQ:STSS) trade information

Sporting 20.75% 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 $0.03 or saw a rise of 42.31%. Year-to-date, Sharps Technology Inc shares have moved -98.45%, while the 5-day performance has seen it change 74.86%. Over the past 30 days, the shares of Sharps Technology Inc (NASDAQ:STSS) have changed -89.94%. Short interest in the company has seen 6.35 million shares shorted with days to cover at 0.13.

Sharps Technology Inc (STSS) estimates and forecasts

The company’s shares have lost -98.97% 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 -8.46% over the past 5 years.

STSS Dividends

Sharps Technology Inc is expected to release its next earnings report on 2024-May-13 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

Insiders own 1.17% of the company shares, while shares held by institutions stand at 6.89% with a share float percentage of 6.98%. Investors are also buoyed by the number of investors in a company, with Sharps Technology Inc having a total of 10.0 institutions that hold shares in the company. 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.