Sharps Technology Inc [NASDAQ: STSS] plunged by $0.0 during the normal trading session on while it closed the day at $0.38.
Sharps Technology Inc stock has also gained 78.21% of its value over the past 7 days. However, STSS stock has declined by -2.08% in the 3 months of the year. Over the past six months meanwhile, it has lost -18.71% and lost -8.18% year-on date.
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
Sponsored
The market cap for STSS stock reached $5.98 million, with 15.27 million shares outstanding and 14.34 million shares in the current float. Compared to the average trading volume of 8.30M shares, STSS reached a trading volume of 5805636 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Sharps Technology Inc [STSS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STSS shares is $16.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STSS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Sharps Technology Inc is set at 0.11 The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 0.07.
STSS stock trade performance evaluation
Sharps Technology Inc [STSS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 78.21. With this latest performance, STSS shares gained by 64.68% in over the last four-week period, additionally sinking by -18.71% over the last 6 months – not to mention a drop of -61.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STSS stock in for the last two-week period is set at 57.58, with the RSI for the last a single of trading hit 57.72, and the three-weeks RSI is set at 56.58 for Sharps Technology Inc [STSS]. The present Moving Average for the last 50 days of trading for this stock 0.2976, while it was recorded at 0.4426 for the last single week of trading, and 0.4278 for the last 200 days.
Sharps Technology Inc [STSS]: An insightful look at the core fundamentals
Sharps Technology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.49 and a Current Ratio set at 1.15.
Sharps Technology Inc [STSS]: Institutional Ownership
The top three institutional holders of STSS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in STSS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in STSS stock with ownership which is approximately 5.8386%.
