Sharps Technology Inc (NASDAQ:STSS) price on Wednesday, April 30, rose 12.20% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.61.
A look at the stock’s price movement, the close in the last trading session was $5.00, moving within a range at $5.3 and $7.39. The beta value (5-Year monthly) was 2.079. Turning to its 52-week performance, $5446.32 and $3.36 were the 52-week high and 52-week low respectively. Overall, STSS moved -37.46% over the past month.
Sharps Technology Inc’s market cap currently stands at around $0.30 million, with investors looking forward to this quarter’s earnings report slated for on 2024-May-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that STSS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
STSS’s current price about -25.02% and -89.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 29.88, while 7-day volatility ratio is 32.69% and 37.32% in the 30-day chart. Further, Sharps Technology Inc (STSS) has a beta value of 2.15, and an average true range (ATR) of 6.84.
If we refocus on Sharps Technology Inc (NASDAQ:STSS), historical trading data shows that trading volumes averaged 2.33 over the past 10 days and 362.67K over the past 3 months.
Also important is the data on short interest which shows that short shares stood at 11072.0 on 2025-04-15, giving us a short ratio of 0.02. The data shows that as of 2025-04-15 short interest in Sharps Technology Inc (STSS) stood at 6.999999999999999 of shares outstanding, with shares short rising to 8995.0 registered in 2025-03-14. Current price change has pushed the stock -99.09% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the STSS stock continues to rise going into the next quarter.
