Siyata Mobile Inc (NASDAQ: SYTA) kicked off on Friday, up 37.61% from the previous trading day, before settling in for the closing price of $2.34. Over the past 52 weeks, SYTA has traded in a range of $0.93-$29.20.
A company in the Technology sector has jumped its sales by 83.31% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 98.69%. With a float of $12.39 million, this company’s outstanding shares have now reached $12.39 million.
Siyata Mobile Inc (SYTA) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Siyata Mobile Inc is 0.00%, while institutional ownership is 0.88%.
Siyata Mobile Inc (SYTA) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -41.52 earnings per share (EPS), lower than consensus estimate (set at -18.1) by -23.42. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 98.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 79.62% during the next five years compared to 83.31% growth over the previous five years of trading.
Siyata Mobile Inc (NASDAQ: SYTA) Trading Performance Indicators
Take a look at Siyata Mobile Inc’s (SYTA) current performance indicators. Last quarter, stock had a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -18.26, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach -1.31 in one year’s time.
Technical Analysis of Siyata Mobile Inc (SYTA)
Let’s dig in a bit further. During the last 5-days, its volume was 6.44 million. That was better than the volume of 3.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.06%.
During the past 100 days, Siyata Mobile Inc’s (SYTA) raw stochastic average was set at 27.29%, which indicates a significant decrease from 58.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 in the past 14 days, which was lower than the 0.53 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.92, while its 200-day Moving Average is $3.41. However, in the short run, Siyata Mobile Inc’s stock first resistance to watch stands at $3.99. Second resistance stands at $4.77. The third major resistance level sits at $5.61. If the price goes on to break the first support level at $2.37, it is likely to go to the next support level at $1.53. Assuming the price breaks the second support level, the third support level stands at $0.75.
Siyata Mobile Inc (NASDAQ: SYTA) Key Stats
The company with the Market Capitalisation of 39.89 million has total of 8,893K Shares Outstanding. Its annual sales at the moment are 11,630 K in contrast with the sum of -25,270 K annual income. Company’s last quarter sales were recorded 2,030 K and last quarter income was -3,810 K.
