Sharps Technology Inc’s recent filing unveils that its Chief Executive Officer Hayes Robert Michael acquired Company’s shares for reported $3400.0 on Feb 20 ’24. In the deal valued at $0.34 per share,10,000 shares were bought. As a result of this transaction, Hayes Robert Michael now holds 95,882 shares worth roughly $31641.06.
Then, Hayes Robert Michael bought 10,000 shares, generating $2,900 in total proceeds. Upon buying the shares at $0.29, the Chief Executive Officer now owns 85,882 shares.
Before that, Hayes Robert Michael bought 8,000 shares. Sharps Technology Inc shares valued at $2,800 were divested by the Chief Executive Officer at a price of $0.35 per share. As a result of the transaction, Hayes Robert Michael now holds 75,882 shares, worth roughly $25041.06.
Price Performance Review of STSS
On Tuesday, Sharps Technology Inc [NASDAQ:STSS] saw its stock jump 3.16% to $0.33. Over the last five days, the stock has lost -4.02%. Sharps Technology Inc shares have fallen nearly -20.68% since the year began. Nevertheless, the stocks have fallen -72.96% over the past one year. While a 52-week high of $1.58 was reached on 01/05/24, a 52-week low of $0.27 was recorded on 02/07/24. SMA at 50 days reached $0.3338, while 200 days put it at $0.5329. A total of 0.48 million shares were traded, compared to the trading of 25000.0 shares in the previous session.
Levels Of Support And Resistance For STSS Stock
The 24-hour chart illustrates a support level at 0.3039, which if violated will result in even more drops to 0.2779. On the upside, there is a resistance level at 0.3488. A further resistance level may holdings at 0.3677. The Relative Strength Index (RSI) on the 14-day chart is 49.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0024, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.21%. Stochastics %K at 50.64% indicates the stock is a holding.
How much short interest is there in Sharps Technology Inc?
A steep rise in short interest was recorded in Sharps Technology Inc stocks on Mar 28, 2024, growing by 0.12 million shares to a total of 0.23 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 0.11 million shares. There was a rise of 50.49%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.59% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.14.
