The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -16.40%.However, over the last six months, we can see a stronger performance of -46.43%. Over the last 30 days, the price of STSS has leaped by -0.87%. And in the last five days, it has surged by 14.75%.
Sharps Technology Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.58 on 05/10/23 and a low of $0.27 for the same time frame on 02/07/24.
52-week price history of STSS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Sharps Technology Inc’s current trading price is -77.99% away from its 52-week high, while its distance from the 52-week low is 28.73%. The stock’s price range during this period has varied between$0.27 and $1.58. The Sharps Technology Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.73 million for the day, a figure considerably higher than their average daily volume of 0.21 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Sharps Technology Inc (STSS) has experienced a quarterly decline of -16.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.31M and boasts a workforce of 58 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3837, with a change in price of -0.1422. Similarly, Sharps Technology Inc recorded 152,595 in trading volume during the last 100 days, posting a change of -29.03%.
STSS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
As of today, Sharps Technology Inc’s raw stochastic average for the last 50 days stands at 45.67%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 44.03%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 21.63% and 15.62%, respectively.
