Should I buy or sell Sharps Technology stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sharps Technology in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STSS shares. View STSS analyst ratings or view top-rated stocks .

How have STSS shares performed in 2024?

Sharps Technology's stock was trading at $0.4159 at the beginning of the year. Since then, STSS shares have decreased by 30.9% and is now trading at $0.2875. View the best growth stocks for 2024 here .

Are investors shorting Sharps Technology?

Sharps Technology saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 230,600 shares, an increase of 200.3% from the March 15th total of 76,800 shares. Based on an average daily volume of 217,400 shares, the short-interest ratio is currently 1.1 days. Currently, 1.6% of the shares of the company are sold short. View Sharps Technology's Short Interest .

When is Sharps Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 5th 2024. View our STSS earnings forecast .

How were Sharps Technology's earnings last quarter?

Sharps Technology, Inc. (NASDAQ:STSS) posted its quarterly earnings data on Friday, March, 29th. The company reported ($0.16) earnings per share for the quarter.

When did Sharps Technology IPO?

Sharps Technology (STSS) raised $16 million in an initial public offering (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 .

NASDAQ:STSS

Sharps Technology (STSS) Stock Price, News & Analysis

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$0.29

-0.02 (-6.54%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.28
▼
$0.31
50-Day Range: $0.29
▼
$0.39
52-Week Range: $0.27
▼
$1.58

Volume: 50,408 shs
Average Volume: 198,165 shs
Market Capitalization: $4.48 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get Sharps Technology alerts:

Sharps Technology MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.27
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$3,400 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.50 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Sharps Technology.

3.0

Short Interest

Percentage of Shares Shorted
1.61% 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 1.1, 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 200.26%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Sharps Technology does not currently pay a dividend.
Dividend Growth
Sharps Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STSS.

1.8

News and Social Media Coverage

News Sentiment
Sharps Technology has a news sentiment score of 0.27. 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 0.52 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Sharps Technology this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Sharps Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sharps Technology insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,400.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
14.10% 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.

0.6

Earnings and Valuation

Price to Book Value per Share Ratio
Sharps Technology has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Sharps Technology Stock (NASDAQ:STSS)

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.

STSS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STSS Stock News Headlines

April 18, 2024 | msn.com

Sharp’s new compact soundbar delivers affordable Dolby Atmos

April 16, 2024 | yahoo.com

Sharp launches its first ever dual drawer air fryer, and the price will surprise you

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.

March 23, 2024 | latimes.com

Sonja Sharp

March 7, 2024 | msn.com

Sharps Technology signs sales and distribution agreement with Roncadelle Operations

March 7, 2024 | globenewswire.com

Sharps Technology and Roncadelle Operations Sign Worldwide Sales and Distribution Agreement for their Innovative Portfolio of Safe Technology Drug Delivery Systems

February 21, 2024 | finance.yahoo.com

Sharps Technology Enters Latin American Market and Receives First Orders for Securegard Disposable Smart Safety Syringes from Strategic Distribution Partner in Colombia

February 19, 2024 | msn.com

Sharps Technology to partner for drug delivery systems

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

February 16, 2024 | finance.yahoo.com

Sharps Technology Planning To Collaborate With Roncadelle To Support Global Distribution And Sales Of High Quality, Innovative, Safer Drug Delivery Systems

February 16, 2024 | globenewswire.com

Sharps Technology Planning To Collaborate With Roncadelle To Support Global Distribution And Sales Of High Quality, Innovative, Safer Drug Delivery Systems

February 7, 2024 | tmcnet.com

Monotype Acquires an Award-Winning Type Collection from Sharp Type's Library and Welcomes Sharp Type as a Creative Partner

February 5, 2024 | msn.com

Video: Top Secret Razor Sharp Tubes with Ben Gravy

February 1, 2024 | tmcnet.com

Sharp Introduces All-New MultiSync® ME Series Product Lineup

January 18, 2024 | finance.yahoo.com

Sharps Technology Signs LOI with Roncadelle Operations Intended to Open Worldwide Sales and Distribution Opportunities for Safe Drug Delivery Systems

January 8, 2024 | yahoo.com

Sharp HT-SB700 soundbar brings Dolby Atmos into your living room on a budget

January 3, 2024 | tmcnet.com

Sharp Launches Most Advanced AQUOS BOARD Interactive Display Series to Date

December 26, 2023 | msn.com

Sharps Technology And 2 Other Stocks Under $1 Insiders Are Buying

December 16, 2023 | msn.com

Emanuel Sharp helps No. 4 Houston hold off Texas A&M

December 9, 2023 | apnews.com

Emanuel Sharp scores career-high 25 as No. 3 Houston beats Jackson State 89-55

December 8, 2023 | yahoo.com

Sharp's affordable all-in-one systems are bringing budget convenience to your home

December 6, 2023 | yahoo.com

Sharp Business Systems Supercharges Showroom Displays... Here's How They Did It

November 28, 2023 | tmcnet.com

Hi Sharp Expanding into AI and Cloud for Surveillance Solutions

November 28, 2023 | benzinga.com

Pending $400 Million Purchase Agreement To Advance Sharps Into Large Prefillable Syringe Market With Differentiated Copolymer Syringe Systems

November 16, 2023 | yahoo.com

Sharp Debuts the First Roku-Powered OLED TVs

November 13, 2023 | morningstar.com

Sharps Technology Inc STSS

October 24, 2023 | tmcnet.com

Sharp Launches New A4 Monochrome Multifunction Printers

See More Headlines

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Company Calendar

Last Earnings: 3/29/2024
Today: 4/19/2024
Next Earnings (Estimated): 7/05/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Surgical & medical instruments
Sub-Industry: N/A
Current Symbol: NASDAQ:STSS
CUSIP: N/A
CIK: 1737995
Web: sharpstechnology.com
Phone: 631-574-4436
Fax: N/A
Employees: 57
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
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: -103.10%
Return on Assets: -76.46%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.31
Quick Ratio: 0.85

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: 0.55

Miscellaneous

Outstanding Shares: 15,670,000
Free Float: 13,461,000
Market Cap: $4.51 million
Optionable: Not Optionable
Beta: 1.03

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Key Executives

Mr. Robert M. Hayes (Age 56)
CEO & Director
Comp: $516.67k
Mr. Andrew R. Crescenzo CPA (Age 68)
Chief Financial Officer
Comp: $236.23k
Mr. Ben Scheu
Senior Director of Sales
Dr. Steven Hertz M.D. (Age 62)
Chief Medical Officer
Mr. Adam S. Holdsworth
Managing Director

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

STSS Stock Analysis - Frequently Asked Questions

Should I buy or sell Sharps Technology stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sharps Technology in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STSS shares.
View STSS analyst ratings or view top-rated stocks.
How have STSS shares performed in 2024?: Sharps Technology's stock was trading at $0.4159 at the beginning of the year. Since then, STSS shares have decreased by 30.9% and is now trading at $0.2875.
View the best growth stocks for 2024 here.
Are investors shorting Sharps Technology?: Sharps Technology saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 230,600 shares, an increase of 200.3% from the March 15th total of 76,800 shares. Based on an average daily volume of 217,400 shares, the short-interest ratio is currently 1.1 days. Currently, 1.6% of the shares of the company are sold short.
View Sharps Technology's Short Interest.
When is Sharps Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, July 5th 2024.
View our STSS earnings forecast.

How were Sharps Technology's earnings last quarter?: Sharps Technology, Inc. (NASDAQ:STSS) posted its quarterly earnings data on Friday, March, 29th. The company reported ($0.16) earnings per share for the quarter.
When did Sharps Technology IPO?: Sharps Technology (STSS) raised $16 million in an initial public offering (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.

This page (NASDAQ:STSS) was last updated on 4/19/2024 by MarketBeat.com Staff

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Sharps Technology (STSS) Stock Price, News & Analysis

Sharps Technology MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score