The stock of Siyata Mobile Inc (SYTA) has gone down by -8.75% for the week, with a -37.77% drop in the past month and a -34.52% drop in the past quarter. The volatility ratio for the week is 15.52%, and the volatility levels for the past 30 days are 11.94% for SYTA. The simple moving average for the past 20 days is -22.28% for SYTA’s stock, with a -96.57% simple moving average for the past 200 days.
Is It Worth Investing in Siyata Mobile Inc (NASDAQ: SYTA) Right Now?
Additionally, the 36-month beta value for SYTA is 1.01. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The public float for SYTA is 4.07M and currently, short sellers hold a 8.35% ratio of that float. The average trading volume of SYTA on December 10, 2024 was 2.66M shares.
SYTA) stock’s latest price update
Siyata Mobile Inc (NASDAQ: SYTA)’s stock price has soared by 15.85 in relation to previous closing price of 0.65. Nevertheless, the company has seen a loss of -8.75% in its stock price over the last five trading days. prnewswire.com reported 2024-12-09 that Compatibility with Major Android and iOS Devices Broadens Market Opportunities VANCOUVER, BC, Dec. 9, 2024 /PRNewswire/ — Siyata Mobile Inc. (Nasdaq: SYTA) (“Siyata” or the “Company”), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today discussed increasing sales momentum of its Bluetooth Remote Speaker Mic (“RSM”). The Siyata Bluetooth RSM is an ergonomic palm-held microphone that looks, feels and acts like a traditional wired palm microphone to deliver excellent Push-to-Talk (PTT) audio quality.
SYTA Trading at -26.82% 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 -99.17% of loss for the given period.
Volatility was left at 11.94%, however, over the last 30 days, the volatility rate increased by 15.52%, as shares sank -36.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.41% lower at present.
During the last 5 trading sessions, SYTA fell by -8.75%, which changed the moving average for the period of 200-days by -98.74% in comparison to the 20-day moving average, which settled at $0.9688. In addition, Siyata Mobile Inc saw -99.01% 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:
- -1.1 for the present operating margin
- 0.2 for the gross margin
The net margin for Siyata Mobile Inc stands at -1.69. The total capital return value is set at -1.27. Equity return is now at value -181.81, with -113.68 for asset returns.
Based on Siyata Mobile Inc (SYTA), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -4.46. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -4.41.
Currently, EBITDA for the company is -11.04 million with net debt to EBITDA at -0.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 3.92for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
In conclusion, Siyata Mobile Inc (SYTA) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
