SYLA Technologies Co Ltd ADR (SYT) Shares Up Despite Recent Market Volatility

SYLA Technologies Co Ltd ADR (NASDAQ: SYT)’s stock price has soared by 20.69 in relation to previous closing price of 3.19. Nevertheless, the company has seen a gain of 163.70% in its stock price over the last five trading days. Newsfile Corp reported 2023-10-11 that Tokyo, Japan–(Newsfile Corp. – October 11, 2023) – SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, will be attending the ThinkEquity Conference on October 19, 2023, at the Mandarin Oriental in New York.

Is It Worth Investing in SYLA Technologies Co Ltd ADR (NASDAQ: SYT) Right Now?

SYT has 36-month beta value of 4.30. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The average trading volume of SYT on May 08, 2024 was 219.78K shares.

SYT’s Market Performance

SYT stock saw an increase of 163.70% in the past week, with a monthly gain of 40.00% and a quarterly increase of -1.28%. The volatility ratio for the week is 77.94%, and the volatility levels for the last 30 days are 25.12% for SYLA Technologies Co Ltd ADR (SYT). The simple moving average for the past 20 days is 50.38% for SYT’s stock, with a -19.56% simple moving average for the past 200 days.

SYT Trading at 23.96% from the 50-Day Moving Average

After a stumble in the market that brought SYT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.95% of loss for the given period.

Volatility was left at 25.12%, however, over the last 30 days, the volatility rate increased by 77.94%, as shares surge +47.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.46% upper at present.

During the last 5 trading sessions, SYT rose by +163.70%, which changed the moving average for the period of 200-days by -47.40% in comparison to the 20-day moving average, which settled at $2.62. In addition, SYLA Technologies Co Ltd ADR saw -22.38% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SYT

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.14 for the gross margin

The net margin for SYLA Technologies Co Ltd ADR stands at 0.02. The total capital return value is set at 0.0.

Based on SYLA Technologies Co Ltd ADR (SYT), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0.

Currently, EBITDA for the company is 778.71 million with net debt to EBITDA at 3799.16. When we switch over and look at the enterprise to sales, we see a ratio of 199.4. The receivables turnover for the company is 1.01for trailing twelve months and the total asset turnover is 0.0.

Conclusion

To put it simply, SYLA Technologies Co Ltd ADR (SYT) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.

Related Posts