Ratio Revelations: Sharps Technology Inc (STSS)’s Financial Metrics in the Spotlight

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sharps Technology Inc (NASDAQ: STSS) closed the day trading at $0.31 up 29.08% from the previous closing price of $0.24. In other words, the price has increased by $29.08 from its previous closing price. On the day, 11.87 million shares were traded. STSS stock price reached its highest trading level at $0.2468 during the session, while it also had its lowest trading level at $0.2273.


For a better understanding of STSS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.00 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 20 ’24 when Hayes Robert Michael bought 10,000 shares for $0.34 per share. The transaction valued at 3,400 led to the insider holds 95,882 shares of the business.

Hayes Robert Michael bought 10,000 shares of STSS for $2,900 on Feb 06 ’24. The Chief Executive Officer now owns 85,882 shares after completing the transaction at $0.29 per share. On Feb 02 ’24, another insider, Hayes Robert Michael, who serves as the Chief Executive Officer of the company, bought 8,000 shares for $0.35 each. As a result, the insider paid 2,800 and bolstered with 75,882 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 4603392 and an Enterprise Value of 2465034.

Stock Price History:

Over the past 52 weeks, STSS has reached a high of $0.94, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 8.61%, while the 200-Day Moving Average is calculated to be -18.82%.

Shares Statistics:

Over the past 3-months, STSS traded about 10.66M shares per day on average, while over the past 10 days, STSS traded about 2363410 shares per day. A total of 23.10M shares are outstanding, with a floating share count of 21.13M. Insiders hold about 8.51% of the company’s shares, while institutions hold 10.37% stake in the company. Shares short for STSS as of 1718323200 were 4443427 with a Short Ratio of 0.42, compared to 1715731200 on 82832. Therefore, it implies a Short% of Shares Outstanding of 4443427 and a Short% of Float of 23.969999.

Most Popular