Jianpu Technology Inc. (NYSE: JT) stock jumped 2.40% on Tuesday to $1.71 against a previous-day closing price of $1.67. With 52107.0 shares changing hands, the volume of the stock remained lighter than its average volume of 0.1 million shares. During the session, the Credit Services company that operates in the wider financial sector, reached the highest price of $1.7300 whereas the lowest price it dropped to was $1.6200. The 52-week range on JT shows that it touched its highest point at $2.22 and its lowest point at $0.73 during that stretch. Beta for the stock currently stands at 0.40.
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Price Performance
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JT was down-trending over the past week, with a drop of -12.76%, but this was down by -3.39% over a month. Three-month performance dropped to -2.29% while six-month performance rose 69.29%. The stock gained 14.77% in the past year, while it has gained 66.02% so far this year.
BlueFire Equipment Corporation (BLFR)
BlueFire Equipment Corporation (BLFR) stock fell -25.40% on Tuesday to $0.0470 against a previous-day closing price of $0.0630. During the session, the company reached the highest price of $0.0535 whereas the lowest price it dropped to was $0.0470. The 52-week range on BLFR shows that it touched its highest point at $0.1200 and its lowest point at $0.0050 during that stretch. The firm now has a market worth of $1,595,526 and 33,947,368 outstanding shares.
Following the acquisition of Miracle Life Farm LLC, the agricultural-oriented acquisition company, BlueFire Equipment, Corp. (BLFR), has decided to undertake a name change, as well as a ticker replacement, which will help define the direction shift, its business is undergoing. The senior management of the company has agreed to renaming the business as Farmies Inc., which will hold the ticker symbol, MIES. The CEO of the company, Nickolas S. Tabraue has hailed the name change as being “perfect” for the company, further adding that Farmies best encapsulates the brand and corporate vision.
At present, the company has a market capitalization exceeding $12.5 billion, which translates to a compound annual growth rate of 11.1%. With its recent restructure following the acquisition of Miracle Life Farm, the company anticipates further growth to be achieved. Operating on 13-acre farmland, Farmies will aim to unlock value through several ground-breaking initiatives, which include tapping into the medicinal properties of Thai Guava leaves. The senior management remains highly optimistic in the wake of this shift, as emphasized through a corporate name change.
Sharps Technology Inc. (STSS)
Sharps Technology Inc. (NASDAQ: STSS) stock fell -1.87% on Tuesday to $1.05 against a previous-day closing price of $1.07. With 56028.0 shares changing hands, the volume of the stock remained lighter than its average volume of 0.15 million shares. During the session, the Medical Instruments & Supplies company which operates in the wider Healthcare sector, reached the highest price of $1.1550 whereas the lowest price dropped to $0.9728. The 52-week range on STSS shows that it touched its highest point at $3.62 and its lowest point at $0.82 during that stretch.
Float and Shares Shorts
At present, 8.67 million STSS shares are outstanding with a float of 5.50 million shares on hand for trading. On Aug 30, 2022, short shares totaled 0.18 million, which was 1.97% higher than short shares on Jul 28, 2022. In addition to Mr. Alan R. Blackman as the firm’s Co-Chairman, Chief Investment Officer, COO & Sec., Mr. Robert M. Hayes serves as its CEO & Director.
