The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.02 in the prior trading day, Sharps Technology Inc (NASDAQ: STSS) closed at $0.02, down -5.61%. In other words, the price has decreased by -$5.61 from its previous closing price. On the day, 75.94 million shares were traded.
Ratios:
Our goal is to gain a better understanding of STSS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 1.88 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 Feb 28 ’25 when Hayes Robert Michael bought 175,000 shares for $0.04 per share. The transaction valued at 7,000 led to the insider holds 275,882 shares of the business.
Hayes Robert Michael bought 125,000 shares of STSS for $3,750 on Mar 31 ’25. The Chief Executive Officer now owns 400,882 shares after completing the transaction at $0.03 per share. On Dec 04 ’24, another insider, Hayes Robert Michael, who serves as the Chief Executive Officer of the company, bought 3,300 shares for $1.99 each. As a result, the insider paid 6,565 and bolstered with 99,182 shares of the company.
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 $0.01. The 50-Day Moving Average of the stock is -89.63%, while the 200-Day Moving Average is calculated to be -99.25%.
Shares Statistics:
A total of 16.33M shares are outstanding, with a floating share count of 14.88M. Insiders hold about 8.89% of the company’s shares, while institutions hold 3.28% stake in the company.