Sharps Technology Inc (NASDAQ: STSS) is -86.41% lower on its value in year-to-date trading and has touched a low of $0.29 and a high of $18.15 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 $0.33 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $0.28, the stock is -23.59% and -78.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.58 million and changing -15.87% at the moment leaves the stock -92.97% off its SMA200. STSS registered -96.47% loss for a year compared to 6-month loss of -94.78%.
The stock witnessed a -83.03% gain in the last 1 month and extending the period to 3 months gives it a -91.33%, and is -27.23% down 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 32.00% over the week and 21.84% over the month.
Sharps Technology Inc (STSS) has around 57 employees, a market worth around $3.10M and $0.00M in sales. Distance from 52-week low is -3.45% and -98.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-120.99%).
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Sharps Technology Inc (STSS) Top Institutional Holders
The shares outstanding are 1.69M, and float is at 1.28M with Short Float at 33.44%.
The top institutional shareholder in the company is ESSENTIAL PLANNING, LLC. with over 0.16 million shares valued at $39078.0. The investor’s holdings represent 0.8728% of the STSS Shares outstanding. As of 2024-06-30, the second largest holder is HIGHTOWER ADVISORS, LLC with 0.12 million shares valued at $29000.0 to account for 0.6475 of the shares outstanding. The other top investors are ALPHACORE CAPITAL LLC which holds 88574.0 shares representing 0.4748% and valued at over $21258.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.3445 of the shares totaling 64261.0 with a market value of $15421.0.
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 3,300 shares of the company’s common stock on Dec 04 ’24 at a price of $1.99 per share for a total of $6565.0. Following the purchase, the insider now owns 99182.0 shares.
Sharps Technology Inc disclosed in a document filed with the SEC on Dec 05 ’24 that Hayes Robert Michael (Chief Executive Officer) bought a total of 1,700 shares of the company’s common stock. The trade occurred on Dec 05 ’24 and was made at $2.06 per share for $3507.0. Following the transaction, the insider now directly holds 0.1 million shares of the STSS stock.
