Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Sharps Technology Inc (NASDAQ: STSS) closed the day trading at $2.05 up 5.13% from the previous closing price of $1.95. In other words, the price has increased by $5.13 from its previous closing price. On the day, 5.37 million shares were traded. STSS stock price reached its highest trading level at $2.28 during the session, while it also had its lowest trading level at $1.7.
Ratios:
For a better understanding of STSS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’24 when Hayes Robert Michael bought 3,300 shares for $1.99 per share. The transaction valued at 6,565 led to the insider holds 99,182 shares of the business.
Hayes Robert Michael bought 1,700 shares of STSS for $3,507 on Dec 05 ’24. The Chief Executive Officer now owns 100,882 shares after completing the transaction at $2.06 per share. On Feb 20 ’24, another insider, Hayes Robert Michael, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $0.34 each. As a result, the insider paid 3,400 and bolstered with 95,882 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STSS now has a Market Capitalization of 3685572 and an Enterprise Value of 1960559.
Stock Price History:
Over the past 52 weeks, STSS has reached a high of $18.15, while it has fallen to a 52-week low of $1.91. The 50-Day Moving Average of the stock is -33.09%, while the 200-Day Moving Average is calculated to be -62.63%.
Shares Statistics:
Over the past 3-months, STSS traded about 94.09K shares per day on average, while over the past 10 days, STSS traded about 124360 shares per day. A total of 1.80M shares are outstanding, with a floating share count of 1.74M. Insiders hold about 3.38% of the company’s shares, while institutions hold 4.00% stake in the company. Shares short for STSS as of 1730332800 were 43298 with a Short Ratio of 0.64, compared to 1727654400 on 66191. Therefore, it implies a Short% of Shares Outstanding of 43298 and a Short% of Float of 2.4899999999999998.
