CEO Robert Hayes Increases Stake in Sharps Technology Inc with Recent Share Purchase

STSS Stock  USD 2.11  0.05  2.43%   
Slightly above 55% of Sharps Technology's private investors are presently thinking to get in. The analysis of overall sentiment of trading Sharps Technology stock suggests that some investors are interested at this time. Sharps Technology's investing sentiment can be driven by a variety of factors including economic data, Sharps Technology's earnings reports, geopolitical events, and overall market trends.
  
On December 5, 2024, Robert Hayes, the CEO of Sharps Technology Inc, acquired 5,000 shares of the company . Following this transaction, the insider now ho

Read at gurufocus.com
Gurufocus Stories at Macroaxis
  

Sharps Technology Fundamental Analysis

We analyze Sharps Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sharps Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sharps Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Total Debt

Total Debt Comparative Analysis

Sharps Technology is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Sharps Technology Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sharps Technology stock to make a market-neutral strategy. Peer analysis of Sharps Technology could also be used in its relative valuation, which is a method of valuing Sharps Technology by comparing valuation metrics with similar companies.

Peers

Sharps Technology Related Equities

INFUInfuSystems Holdings   5.62   
0%
41.0%
MLSSMilestone Scientific   3.23   
0%
23.0%
LUCYInnovative Eyewear   2.50   
0%
18.0%
MBOTMicrobot Medical   1.79   
0%
13.0%
AVGRAvinger   1.22   
0%
9.0%
UTMDUtah Medical   0.20   
1.0%
0%
KRMDRepro Med   1.03   
7.0%
0%
NXGLNexgel   2.19   
16.0%
0%
POCIPrecision Optics,   2.23   
16.0%
0%
MHUAMeihua International   2.78   
20.0%
0%
ZJYLJIN MEDICAL   11.36   
84.0%
0%
GCTKGlucoTrack   13.51   
100.0%
0%

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.