Sharps Technology (STSS) Stock Price, News & Analysis

Company Overview

Sharps Technology, Inc., a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States. It offers Sharps Provensa, an ultra-low waste space syringe for the administration of various vaccines and injectable medications. Sharps Technology, Inc. was incorporated in 2017 and is based in Melville, New York.

Key Stats

• Today's Range: $0.23 to $0.25
• 50-Day Range: $0.20 to $0.31
• 52-Week Range: $0.17 to $0.89
• Volume: 291,033 shs
• Average Volume: 4.65 million shs
• Market Capitalization: $6.73 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Sharps Technology Stock Analysis - MarketRank™

Sharps Technology scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sharps Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Sharps Technology is -0.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sharps Technology is -0.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sharps Technology has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.00% of the float of Sharps Technology has been sold short.

Short Interest Ratio / Days to Cover

Sharps Technology has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sharps Technology has recently increased by 106.97%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sharps Technology does not currently pay a dividend.

Dividend Growth

Sharps Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.00% of the float of Sharps Technology has been sold short.

Short Interest Ratio / Days to Cover

Sharps Technology has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sharps Technology has recently increased by 106.97%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.37

News Sentiment

Sharps Technology has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Sharps Technology this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Sharps Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sharps Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.60% of the stock of Sharps Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 17.17% of the stock of Sharps Technology is held by institutions.

STSS Stock Analysis - Frequently Asked Questions

How have STSS shares performed this year?

Sharps Technology's stock was trading at $0.4159 at the beginning of 2024. Since then, STSS stock has decreased by 42.3% and is now trading at $0.24.
View the best growth stocks for 2024 here.

How were Sharps Technology's earnings last quarter?

Sharps Technology, Inc. (NASDAQ:STSS) posted its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.10) earnings per share (EPS) for the quarter.

When did Sharps Technology IPO?

Sharps Technology (STSS) raised $16 million in an IPO on Thursday, April 14th 2022. The company issued 3,750,000 shares at $4.25 per share.

How do I buy shares of Sharps Technology?

Shares of STSS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/14/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:STSS
• CUSIP: N/A
• CIK: 1737995
• Web: sharpstechnology.com
• Phone: 631-574-4436
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.60)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-9,840,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -100.69%
• Return on Assets: -71.53%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.38
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.52 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 28,590,000
• Free Float: 13,696,000
• Market Cap: $6.73 million
• Optionable: Not Optionable
• Beta: 1.22