Can Siyata Mobile Inc’s (SYTA) hike of 2.34% in a week be considered a lucky break?

On Tuesday, Siyata Mobile Inc (NASDAQ: SYTA) opened higher 4.79% from the last session, before settling in for the closing price of $3.34. Price fluctuations for SYTA have ranged from $3.04 to $885.58 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -0.01%. Company’s average yearly earnings per share was noted 86.46% at the time writing. With a float of $4.07 million, this company’s outstanding shares have now reached $4.07 million.

The extent of productivity of a business whose workforce counts for 23 workers is very important to gauge. In terms of profitability, gross margin is 19.56%, operating margin of -109.66%, and the pretax margin is -168.59%.

Siyata Mobile Inc (SYTA) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Siyata Mobile Inc is 0.00%, while institutional ownership is 0.04%.

Siyata Mobile Inc (SYTA) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -7.59 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 86.46% per share during the next fiscal year.

Siyata Mobile Inc (NASDAQ: SYTA) Trading Performance Indicators

Check out the current performance indicators for Siyata Mobile Inc (SYTA). In the past quarter, the stock posted a quick ratio of 0.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -329.26, a number that is poised to hit -90.00 in the next quarter and is forecasted to reach -313.20 in one year’s time.

Technical Analysis of Siyata Mobile Inc (SYTA)

The latest stats from [Siyata Mobile Inc, SYTA] show that its last 5-days average volume of 0.94 million was superior to 0.32 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.11%. Additionally, its Average True Range was 0.68.

During the past 100 days, Siyata Mobile Inc’s (SYTA) raw stochastic average was set at 1.76%, which indicates a significant decrease from 22.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.48% in the past 14 days, which was lower than the 178.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.78, while its 200-day Moving Average is $76.39. Now, the first resistance to watch is $3.77. This is followed by the second major resistance level at $4.05. The third major resistance level sits at $4.33. If the price goes on to break the first support level at $3.21, it is likely to go to the next support level at $2.93. The third support level lies at $2.65 if the price breaches the second support level.

Siyata Mobile Inc (NASDAQ: SYTA) Key Stats

There are currently 80K shares outstanding in the company with a market cap of 3.28 million. Presently, the company’s annual sales total 8,230 K according to its annual income of -12,930 K. Last quarter, the company’s sales amounted to 5,860 K and its income totaled -630 K.