Siyata Mobile Inc. (NASDAQ:SYTA – Get Rating) rose 4.8% during trading on Tuesday . The company traded as high as $1.35 and last traded at $1.31. Approximately 952,400 shares were traded during trading, a decline of 39% from the average daily volume of 1,573,498 shares. The stock had previously closed at $1.25.
The company has a market cap of $18.30 million, a P/E ratio of -0.27 and a beta of 2.98. The business’s 50 day simple moving average is $1.13 and its 200 day simple moving average is $1.19. The company has a current ratio of 3.18, a quick ratio of 2.51 and a debt-to-equity ratio of 0.03.
Siyata Mobile (NASDAQ:SYTA – Get Rating) last released its earnings results on Thursday, April 28th. The company reported ($0.89) EPS for the quarter. Siyata Mobile had a negative return on equity of 177.31% and a negative net margin of 607.43%. The firm had revenue of $1.94 million for the quarter. Sell-side analysts anticipate that Siyata Mobile Inc. will post -0.61 EPS for the current year.
Several institutional investors have recently added to or reduced their stakes in SYTA. Virtu Financial LLC bought a new stake in shares of Siyata Mobile during the first quarter valued at approximately $68,000. Goldman Sachs Group Inc. bought a new stake in shares of Siyata Mobile during the fourth quarter valued at approximately $138,000. Bank of America Corp DE purchased a new position in shares of Siyata Mobile in the first quarter valued at $31,000. Geode Capital Management LLC purchased a new position in shares of Siyata Mobile in the third quarter valued at $82,000. Finally, Jane Street Group LLC purchased a new position in shares of Siyata Mobile in the first quarter valued at $30,000. Hedge funds and other institutional investors own 24.75% of the company’s stock.
Siyata Mobile Company Profile (NASDAQ:SYTA)
Siyata Mobile Inc develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories.
Further Reading
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