Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The average trading volume for SYRA on May 06, 2024 was 2.03M shares.
SYRA) stock’s latest price update
The stock price of Syra Health Corp (NASDAQ: SYRA) has jumped by 21.67 compared to previous close of 1.20. Despite this, the company has seen a gain of 36.45% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-25 that Syra Health Corp. (SYRA) Q4 2023 Earnings Call Transcript
SYRA’s Market Performance
Syra Health Corp (SYRA) has seen a 36.45% rise in stock performance for the week, with a 13.18% gain in the past month and a 29.20% surge in the past quarter. The volatility ratio for the week is 18.81%, and the volatility levels for the past 30 days are at 12.37% for SYRA. The simple moving average for the past 20 days is 26.11% for SYRA’s stock, with a -4.19% simple moving average for the past 200 days.
SYRA Trading at -2.78% from the 50-Day Moving Average
After a stumble in the market that brought SYRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.56% of loss for the given period.
Volatility was left at 12.37%, however, over the last 30 days, the volatility rate increased by 18.81%, as shares surge +14.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.78% lower at present.
During the last 5 trading sessions, SYRA rose by +36.45%, in comparison to the 20-day moving average, which settled at $1.1672. In addition, Syra Health Corp saw 43.74% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SYRA starting from Allam Sandeep, who purchase 294 shares at the price of $1.31 back on Dec 14 ’23. After this action, Allam Sandeep now owns 3,730 shares of Syra Health Corp, valued at $385 using the latest closing price.
Syed Feroz, the 10% Owner of Syra Health Corp, purchase 175 shares at $1.42 during a trade that took place back on Dec 14 ’23, which means that Syed Feroz is holding 1,825 shares at $248 based on the most recent closing price.
Conclusion
In conclusion, Syra Health Corp (SYRA) has had a better 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.
