Siyata Mobile Inc. [SYTA] Revenue clocked in at $6.30 million, up 27.12% YTD: What’s Next?

Siyata Mobile Inc. [NASDAQ: SYTA] jumped around 0.01 points on Monday, while shares priced at $0.19 at the close of the session, up 9.95%. The company report on February 27, 2023 that Siyata Launches T600 Cellular Booster for T-Mobile 5G Enterprise Customers.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored


Designed to enhance signal strength and improve reception.

Siyata Mobile Inc. stock is now 27.12% up from its year-to-date (YTD) trading value. SYTA Stock saw the intraday high of $0.1948 and lowest of $0.177 per share. The company’s 52-week high price is 1.62, which means current price is +49.62% above from all time high which was touched on 01/18/23.

Compared to the average trading volume of 3.71M shares, SYTA reached a trading volume of 5313134 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Siyata Mobile Inc. [SYTA]?

The Average True Range (ATR) for Siyata Mobile Inc. is set at 0.02, with the Price to Sales ratio for SYTA stock in the period of the last 12 months amounting to 1.41. The Price to Book ratio for the last quarter was 0.27, with the Price to Cash per share for the same quarter was set at 0.02.

How has SYTA stock performed recently?

Siyata Mobile Inc. [SYTA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.96. With this latest performance, SYTA shares gained by 17.31% in over the last four-week period, additionally sinking by -71.81% over the last 6 months – not to mention a drop of -81.82% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SYTA stock in for the last two-week period is set at 61.16, with the RSI for the last a single of trading hit 67.81, and the three-weeks RSI is set at 56.61 for Siyata Mobile Inc. [SYTA]. The present Moving Average for the last 50 days of trading for this stock 0.1724, while it was recorded at 0.1754 for the last single week of trading, and 0.5238 for the last 200 days.

Siyata Mobile Inc. [SYTA]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Siyata Mobile Inc. [SYTA] shares currently have an operating margin of -195.90 and a Gross Margin at +11.40. Siyata Mobile Inc.’s Net Margin is presently recorded at -313.11.

Return on Equity for this stock declined to -198.82, with Return on Assets sitting at -109.52.

Siyata Mobile Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 2.20.

Insider trade positions for Siyata Mobile Inc. [SYTA]

There are presently around $0 million, or 6.20% of SYTA stock, in the hands of institutional investors. The top three institutional holders of SYTA stocks are: CONCORD WEALTH PARTNERS with ownership of 698,000, which is approximately New of the company’s market cap and around 0.30% of the total institutional ownership; UBS GROUP AG, holding 133,378 shares of the stock with an approximate value of $26000.0 in SYTA stocks shares; and CETERA ADVISOR NETWORKS LLC, currently with $5000.0 in SYTA stock with ownership of nearly New of the company’s market capitalization.

Positions in Siyata Mobile Inc. stocks held by institutional investors increased at the end of Monday and at the time of the Monday reporting period, where 4 institutional holders increased their position in Siyata Mobile Inc. [NASDAQ:SYTA] by around 874,960 shares. Additionally, 4 investors decreased positions by around 743,219 shares, while 3 investors held positions by with 711,620 shares. The mentioned changes placed institutional holdings at 906,559 shares, according to the latest SEC report filing. SYTA stock had 4 new institutional investments in for a total of 874,960 shares, while 3 institutional investors sold positions of 708,548 shares during the same period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here