Sharps Technology Inc [NASDAQ: STSS] surged by $0.05 during the normal trading session on while it closed the day at $0.33.
Sharps Technology Inc stock has also loss -7.42% of its value over the past 7 days. However, STSS stock has declined by -90.59% in the 3 months of the year. Over the past six months meanwhile, it has lost -94.08% and lost -83.88% year-on date.
The market cap for STSS stock reached $3.68 million, with 1.69 million shares outstanding and 1.28 million shares in the current float. Compared to the average trading volume of 3.27M shares, STSS reached a trading volume of 7658329 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 $352.00 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 0.12 The Price to Book ratio for the last quarter was 0.09, with the Price to Cash per share for the same quarter was set at 0.22.
STSS stock trade performance evaluation
Sharps Technology Inc [STSS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.42. With this latest performance, STSS shares dropped by -77.25% in over the last four-week period, additionally sinking by -94.08% over the last 6 months – not to mention a drop of -95.69% 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 30.41, with the RSI for the last a single of trading hit 35.62, and the three-weeks RSI is set at 29.33 for Sharps Technology Inc [STSS]. The present Moving Average for the last 50 days of trading for this stock 1.2940, while it was recorded at 0.3640 for the last single week of trading, and 3.9558 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 0.57 and a Current Ratio set at 1.01.
Sharps Technology Inc [STSS]: Institutional Ownership
The top three institutional holders of STSS stocks are: ESSENTIAL PLANNING, LLC. with ownership of 0.16 million shares, which is approximately 0.8728%. HIGHTOWER ADVISORS, LLC, holding 0.12 million shares of the stock with an approximate value of $$29000.0 in STSS stocks shares; and HIGHTOWER ADVISORS, LLC, currently with $$21258.0 in STSS stock with ownership which is approximately 0.4748%.
