Siyata Mobile Inc. (NASDAQ: SYTA) on May 22, 2023, started off the session at the price of $0.127, soaring 2.37% from the previous trading day. During the day, the shares moved up to $0.1332 and dropped to $0.1211 before settling in for the closing price of $0.13. Within the past 52 weeks, SYTA’s price has moved between $0.10 and $1.62.
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Technology Sector giant saw their annual sales slid by -18.30% over the last five years. The company achieved an average annual earnings per share of 69.90%. With a float of $32.91 million, this company’s outstanding shares have now reached $39.50 million.
In terms of profitability, gross margin is +3.82, operating margin of -247.43, and the pretax margin is -236.03.
Siyata Mobile Inc. (SYTA) Insider Activity
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Siyata Mobile Inc. is 1.25%, while institutional ownership is 6.20%.
Siyata Mobile Inc. (SYTA) Earnings and Forecasts
As on 12/30/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.16 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.13) by -$0.03. This company achieved a net margin of -236.03 while generating a return on equity of -260.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 69.90% per share during the next fiscal year.
Siyata Mobile Inc. (NASDAQ: SYTA) Trading Performance Indicators
Siyata Mobile Inc. (SYTA) is currently performing well based on its current performance indicators. A quick ratio of 0.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.59, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.16 in one year’s time.
Technical Analysis of Siyata Mobile Inc. (SYTA)
Analysing the last 5-days average volume posted by the [Siyata Mobile Inc., SYTA], we can find that recorded value of 2.34 million was lower than the volume posted last year of 4.15 million. As of the previous 9 days, the stock’s Stochastic %D was 40.94%. Additionally, its Average True Range was 0.01.
During the past 100 days, Siyata Mobile Inc.’s (SYTA) raw stochastic average was set at 14.88%, which indicates a significant decrease from 54.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.92% in the past 14 days, which was lower than the 126.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1397, while its 200-day Moving Average is $0.2547. Now, the first resistance to watch is $0.1348. This is followed by the second major resistance level at $0.1400. The third major resistance level sits at $0.1469. If the price goes on to break the first support level at $0.1227, it is likely to go to the next support level at $0.1158. Should the price break the second support level, the third support level stands at $0.1106.
Siyata Mobile Inc. (NASDAQ: SYTA) Key Stats
Market capitalization of the company is 9.99 million based on 62,269K outstanding shares. Right now, sales total 7,550 K and income totals -23,630 K. The company made 2,112 K in profit during its latest quarter, and -6,588 K in sales during its previous quarter.
