Sharps Technology Stock Today

STSS Stock  USD 3.53  0.30  9.29%   

Performance

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Odds Of Distress

Over 81

 
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Sharps Technology is selling for under 3.53 as of the 21st of November 2024; that is 9.29 percent increase since the beginning of the trading day. The stock's lowest day price was 3.04. Sharps Technology has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Sharps Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
14th of April 2022
Category
Healthcare
Classification
Health Care
Sharps Technology Inc., a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States. The company was incorporated in 2017 and is based in Melville, New York. Sharps Technology operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. The company has 1.8 M outstanding shares of which 43.3 K shares are at this time shorted by private and institutional investors with about 0.38 trading days to cover. More on Sharps Technology

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Sharps Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.9 M3.7 M
Sufficiently Up
Slightly volatile
Total Assets6.2 M11.8 M
Way Down
Slightly volatile
Total Current Assets2.7 M4.8 M
Way Down
Slightly volatile
Debt Levels
Sharps Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sharps Technology's financial leverage. It provides some insight into what part of Sharps Technology's total assets is financed by creditors.
Liquidity
Sharps Technology currently holds 3.85 M in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. Sharps Technology has a current ratio of 2.59, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Sharps Technology's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(8.08 Million)
Sharps Technology (STSS) is traded on NASDAQ Exchange in USA. It is located in 105 Maxess Road, Melville, NY, United States, 11747 and employs 57 people. Sharps Technology is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.81 M. Sharps Technology conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 1.8 M outstanding shares of which 43.3 K shares are at this time shorted by private and institutional investors with about 0.38 trading days to cover. Sharps Technology currently holds about 7.81 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.85.
Check Sharps Technology Probability Of Bankruptcy
Ownership Allocation
Sharps Technology has 3.7 % of its outstanding shares held by insiders and 4.02 % owned by institutional holders.
Check Sharps Ownership Details

Sharps Stock Institutional Holders

InstituionRecorded OnShares
Bank Of America Corp2024-06-30
1.1 K
Wells Fargo & Co2024-06-30
0.0
Xtx Topco Ltd2024-06-30
0.0
Walleye Trading Advisors, Llc2024-06-30
0.0
Essential Planning, Llc.2024-09-30
162.8 K
Renaissance Technologies Corp2024-09-30
136.9 K
Hightower Advisors, Llc2024-06-30
120.8 K
Org Partners Llc2024-09-30
100 K
Alphacore Capital Llc2024-06-30
88.6 K
Geode Capital Management, Llc2024-06-30
64.3 K
Compass Ion Advisors, Llc2024-09-30
57.1 K
View Sharps Technology Diagnostics

Sharps Technology Historical Income Statement

At this time, Sharps Technology's Depreciation And Amortization is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 935.8 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 5.8 M in 2024. View More Fundamentals

Sharps Stock Against Markets

Sharps Technology Corporate Management

Robert HayesCEO DirectorProfile
Alan BlackmanChief CoChairmanProfile
Steven MDChief OfficerProfile
Ben ScheuSenior SalesProfile
Barry BerlerChief InventorProfile
Andrew CPAChief OfficerProfile

Additional Tools for Sharps Stock Analysis

When running Sharps Technology's price analysis, check to measure Sharps Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.