The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Sharps Technology Inc’s current trading price is -81.01% away from its 52-week high, while its distance from the 52-week low is 11.11%. The stock’s price range for this period has been between $0.27 and $1.58 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.39 million for the day, a number notably higher than the average daily volume of 0.19 million over the last three months.
Sharps Technology Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.58 on 05/10/23, while the lowest price for the same period was registered at $0.27 on 02/07/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sharps Technology Inc (STSS) has experienced a quarterly decline of -34.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.58M and boasts a workforce of 58 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3885, with a change in price of -0.1741. Similarly, Sharps Technology Inc recorded 142,062 in trading volume during the last 100 days, posting a change of -36.50%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for STSS stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
STSS Stock Stochastic Average
Sharps Technology Inc’s raw stochastic average for the past 50 days is presently 19.31%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 13.72%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.37% and 14.61%, respectively.
STSS Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -27.84% this year. Over the last six months, there has been a stronger performance of -45.63%. The price of STSS leaped by -22.55% during the last 30 days period. For the last 5-days stocks have slided 0.00%.
