Sharps Technology Inc (NASDAQ: STSS) is -25.99% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $0.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STSS stock was last observed hovering at around $0.29 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.31, the stock is 21.93% and 8.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.67 million and changing 4.34% at the moment leaves the stock -11.39% off its SMA200. STSS registered -62.96% loss for a year compared to 6-month loss of -13.64%.
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The stock witnessed a 31.37% gain in the last 1 month and extending the period to 3 months gives it a 14.89%, and is 29.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.13% over the week and 14.61% over the month.
Sharps Technology Inc (STSS) has around 57 employees, a market worth around $7.11M and $0.00M in sales. Distance from 52-week low is 77.00% and -65.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-126.99%).
The shares outstanding are 23.10M, and float is at 21.76M with Short Float at 2.99%.
Sharps Technology Inc (STSS) Insider Activity
The most recent transaction is an insider purchase by Hayes Robert Michael, the company’s Chief Executive Officer. SEC filings show that Hayes Robert Michael bought 10,000 shares of the company’s common stock on Feb 20 ’24 at a price of $0.34 per share for a total of $3400.0. Following the purchase, the insider now owns 95882.0 shares.
Sharps Technology Inc disclosed in a document filed with the SEC on Feb 06 ’24 that Hayes Robert Michael (Chief Executive Officer) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Feb 06 ’24 and was made at $0.29 per share for $2900.0. Following the transaction, the insider now directly holds 85882.0 shares of the STSS stock.
Still, SEC filings show that on Feb 02 ’24, Hayes Robert Michael (Chief Executive Officer) acquired 8,000 shares at an average price of $0.35 for $2800.0. The insider now directly holds 75,882 shares of Sharps Technology Inc (STSS).
