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 $0.34 in the prior trading day, Sharps Technology Inc (NASDAQ: STSS) closed at $0.33, down -2.68%. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 3.09 million shares were traded. STSS stock price reached its highest trading level at $0.352 during the session, while it also had its lowest trading level at $0.32.
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 0.57 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.
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 3655740 and an Enterprise Value of 454217.
Stock Price History:
The Beta on a monthly basis for STSS is 1.16, which has changed by -0.95049506 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, STSS has reached a high of $18.15, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -61.58%, while the 200-Day Moving Average is calculated to be -90.89%.
Shares Statistics:
The stock has traded on average 15.33M shares per day over the past 3-months and 72027060 shares per day over the last 10 days, according to various share statistics. A total of 11.08M shares are outstanding, with a floating share count of 10.48M. Insiders hold about 5.36% of the company’s shares, while institutions hold 4.84% stake in the company. Shares short for STSS as of 1740700800 were 1061487 with a Short Ratio of 0.07, compared to 1738281600 on 428070. Therefore, it implies a Short% of Shares Outstanding of 1061487 and a Short% of Float of 9.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.