How to Buy Sharps Technology Stock
Sharps Technology Inc
Sharps Technology Inc. , a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States.
Sharps Technology stock last closed at $0.29, up 0% from the previous day, and has decreased 64.46% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.53 percentage points. Sharps Technology stock is currently +5.56% from its 52-week low of $0.27, and -81.96% from its 52-week high of $1.58.
At the moment, there are 15.67M shares of STSS outstanding. The market cap of STSS is $4.47M. In the last 24 hours, 14,955 STSS shares were traded.
How to Buy Sharps Technology Stock
Wondering how to invest in Sharps Technology stock? Here's how.
- Choose where to buy Sharps Technology stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Sharps Technology stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your info.
- Evaluate Sharps Technology stock: The Sharps Technology ticker symbol is STSS. Is Sharps Technology stock a good investment? Should you buy shares of STSS? How do STSS's underlying business fundamentals look? Do top analysts think Sharps Technology is a good buy? Why has STSS's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if STSS is a good stock to buy).
- Make your STSS purchase: Decide if you will purchase STSS shares at the current market price or use a limit order to purchase STSS shares at a given price.
- Watch your STSS investment: Create a watchlist to key updates about your investment in Sharps Technology shares.
Step 1: Choose where to buy Sharps Technology stock
You will need a brokerage account in order to access the NASDAQ market and buy STSS shares.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to invest in STSS stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the best stock trading app, you can securely and quickly fund your account:
Check out the tutorial below for more details transferring funds into your investment account.
Step 4: Evaluate Sharps Technology stock
After you have decided on the best place to buy Sharps Technology stock, it's important to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.
Sharps Technology stock data
Fundamentals of STSS
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on STSS's stock page.
Is STSS stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge STSS's intrinsic value.
Using relative valuations metrics:
- STSS could be undervalued based on its P/B ratio of 0.56x, relative to Medical Instruments & Supplies industry P/B ratio of 3.53x
You can do additional valuation analysis on STSS's stock here.
STSS Financial Health Summary
Signs that STSS is financially healthy:
- There are more short-term assets than long-term liabilities on the STSS balance sheet.
- There are more short-term assets than short-term liabilities on the STSS balance sheet.
Signs that STSS is not financially healthy:
- STSS has a relatively high debt to equity ratio of 0.49.
- STSS has cash burn of 9205577. It does not have sufficient cash and short-term investments to cover this.
- STSS has $3.01M in cash and short term investments. This is not sufficient to cover its annual cash burn of $9.21M.
STSS Technical Indicators
Are STSS executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at STSS have bought more shares than they have sold.
Robert Michael Hayes, Chief Executive Officer of STSS, was the latest STSS insider to buy. They bought $3,400.00 worth of STSS stock on Feb 20, 2024.
Dig into more about who owns STSS stock here.
Can I rely on STSS as an income stream?
No, Sharps Technology doesn't provide an income stream by paying out dividends.
STSS Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your STSS purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Watch your STSS investment
Now that you own some STSS stock, you'll want to stay up-to-date on your investment.
Make a watchlist to track the latest developments regarding your STSS stock.
STSS Feed
How to Buy Stock in Sharps Technology
To summarize, here are the 6 steps you need to take to buy Sharps Technology stock right now:
- Choose where to buy Sharps Technology stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Sharps Technology stock
- Make your STSS purchase
- Watch your STSS investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your investment in Sharps Technology, create a watchlist on WallStreetZen today.
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