Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sharps Technology Inc shares valued at $6,565 were purchased by Hayes Robert Michael on Dec 04 ’24. At $1.99 per share, Hayes Robert Michael acquired 3,300 shares. The insider’s holdings grew to 99,182 shares worth approximately $0.21 million following the completion of this transaction.
Also, Hayes Robert Michael purchased 1,700 shares, netting a total of over 3,507 in proceeds. Following the buying of shares at $2.06 each, the insider now holds 100,882 shares.
Before that, Hayes Robert Michael had added 10,000 shares to its account. In a trade valued at $3,400, the Chief Executive Officer bought Sharps Technology Inc shares for $0.34 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $0.2 million.
Analyzing STSS Stock Performance
During the last five days, there has been a surge of approximately 3.40%. Over the course of the year, Sharps Technology Inc shares have jumped approximately 3.40%. Shares of the company reached a 52-week high of $2.30 on 01/06/25 and a 52-week low of $2.04 on 01/02/25. A 50-day SMA is recorded $2.56, while a 200-day SMA reached $4.88. Nevertheless, trading volume fell to 97772.0 shares from 27700.0 shares the previous day.
Support And Resistance Levels for Sharps Technology Inc (STSS)
According to the 24-hour chart, there is a support level at 2.05, which, if violated, would cause prices to drop to 1.96. In the upper region, resistance lies at 2.23. The next price resistance is at 2.32. RSI (Relative Strength Index) is 44.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.15, which suggests the price will decrease in the coming days. Percent R is at 34.69%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
