Sharps Technology Stock Price on December 12, 2024

STSS Stock  USD 1.97  0.04  1.99%   
If you're considering investing in Sharps Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sharps Technology stands at 1.97, as last reported on the 28th of December, with the highest price reaching 2.02 and the lowest price hitting 1.91 during the day. Sharps Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0649, which indicates the firm had a -0.0649% return per unit of risk over the last 3 months. Sharps Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sharps Technology's Risk Adjusted Performance of (0.04), variance of 57.31, and Coefficient Of Variation of (1,634) to confirm the risk estimate we provide.
  
At this time, Sharps Technology's Common Stock is comparatively stable compared to the past year. Sale Purchase Of Stock is likely to gain to about 76.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 4.4 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.01 in 2024, whereas Price Earnings Ratio is likely to drop (12.72) in 2024. Sharps Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0649

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Estimated Market Risk

 7.62
  actual daily
67
67% of assets are less volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sharps Technology is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sharps Technology by adding Sharps Technology to a well-diversified portfolio.
Price Book
0.5555
Book Value
11.428
Enterprise Value
3.5 M
Enterprise Value Ebitda
(2.19)
Shares Float
1.3 M

Sharps Technology Main Headline on 12th of December 2024

Filed transaction by Sharps Technology Director, Officer Chief Executive Officer. Grant, award or other acquisition pursuant to Rule 16b-3

Sharps Technology Valuation on December 12, 2024

It is possible to determine the worth of Sharps Technology on a given historical date. On December 12, 2024 Sharps was worth 2.0 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sharps Technology stock. Still, in general, we apply an absolute valuation method to find Sharps Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sharps Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sharps Technology's related companies.
 Open High Low Close Volume
  2.03    2.13    1.99    2.06    98,459  
12/12/2024
  2.00    2.10    1.92    1.99    70,197  
  1.99    2.15    1.95    2.04    100,603  
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Open Value
2.0
1.99
Closing Value
24.87
Upside

Sharps Technology Trading Date Momentum on December 12, 2024

On December 13 2024 Sharps Technology was traded for  2.04  at the closing time. The top price for the day was 2.15  and the lowest listed price was  1.95 . The trading volume for the day was 100.6 K. The trading history from December 13, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 2.51% . The trading price change against the current closing price is 5.53% .

Sharps Technology Fundamentals Correlations and Trends

By evaluating Sharps Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sharps Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sharps financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sharps Technology Stock history

Sharps Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sharps is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sharps Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sharps Technology stock prices may prove useful in developing a viable investing in Sharps Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13 M10.7 M
Net Loss-4.2 M-4.4 M

Sharps Technology Stock Technical Analysis

Sharps Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sharps Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sharps Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sharps Technology Period Price Range

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December 28, 2024
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Sharps Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sharps Technology December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Sharps Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sharps Technology shares will generate the highest return on investment. By undertsting and applying Sharps Technology stock market strength indicators, traders can identify Sharps Technology entry and exit signals to maximize returns

Sharps Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sharps Technology's price direction in advance. Along with the technical and fundamental analysis of Sharps Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sharps to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.