The stock of Siyata Mobile Inc. (SYTA) has gone down by -14.91% for the week, with a -45.40% drop in the past month and a -77.65% drop in the past quarter. The volatility ratio for the week is 7.23%, and the volatility levels for the past 30 days are 9.01% for SYTA. The simple moving average for the last 20 days is -21.12% for SYTA stock, with a simple moving average of -81.41% for the last 200 days.
Is It Worth Investing in Siyata Mobile Inc. (NASDAQ: SYTA) Right Now?
, and the 36-month beta value for SYTA is at 1.32. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price suggested by analysts for SYTA is $12.60, which is $10.34 above the current market price. The public float for SYTA is 1.68M, and currently, shorts hold a 3.82% of that float. The average trading volume for SYTA on September 15, 2023 was 307.07K shares.
SYTA) stock’s latest price update
Siyata Mobile Inc. (NASDAQ: SYTA) has seen a decline in its stock price by -4.96 in relation to its previous close of 2.37. However, the company has experienced a -14.91% decline in its stock price over the last five trading sessions. Accesswire reported 2023-08-30 that VANCOUVER, BC / ACCESSWIRE / August 30, 2023 / Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) (“Siyata” or the “Company”), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced that management will presenting and hosting 1×1 meetings at the H.C. Wainwright 25th Annual Global Investment Conference.
SYTA Trading at -43.33% from the 50-Day Moving Average
After a stumble in the market that brought SYTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.25% of loss for the given period.
Volatility was left at 9.01%, however, over the last 30 days, the volatility rate increased by 7.23%, as shares sank -38.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -59.44% lower at present.
During the last 5 trading sessions, SYTA fell by -14.91%, which changed the moving average for the period of 200-days by -87.90% in comparison to the 20-day moving average, which settled at $2.79. In addition, Siyata Mobile Inc. saw -85.26% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SYTA
Current profitability levels for the company are sitting at:
- -247.43 for the present operating margin
- +3.82 for the gross margin
The net margin for Siyata Mobile Inc. stands at -236.03. The total capital return value is set at -188.06, while invested capital returns managed to touch -203.03. Equity return is now at value -126.60, with -88.00 for asset returns.
Based on Siyata Mobile Inc. (SYTA), the company’s capital structure generated 10.16 points at debt to equity in total, while total debt to capital is 9.22. Total debt to assets is 5.82, with long-term debt to equity ratio resting at 6.87. Finally, the long-term debt to capital ratio is 6.24.
When we switch over and look at the enterprise to sales, we see a ratio of 0.37, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 4.16 and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
In conclusion, Siyata Mobile Inc. (SYTA) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.