Why Is Syra Health Corp (NASDAQ: SYRA) Falling?

Syra Health Corp (NASDAQ:SYRA) traded at $1.14 at last check on Wednesday, July 24, made a downward move of -10.24% on its previous day’s price.

Looking at the stock we see that its previous close was $1.27 . In terms of its 52-week price range, SYRA has a high of $8.37 and a low of $0.81. The company’s stock has lost about -16.18% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Syra Health Corp has a market cap of $8.26 million. Estimates by analysts give the company expected earnings per share (EPS) of -0.19, with the EPS growth for the year raised at -0.76 for current year and -0.76 for next year.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 1.79M, with a low of 1.79M and a high of 1.79M. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 9.24M, or 67.50% up from figures reported last year.

Looking further, we note the current price level is -14.17% off its SMA20 and -19.08% from its 50-day simple moving average. The RSI (14) is pointing at 32.71 while the volatility over the past week is 5.17% and jumps to 5.80% over the past one month.

Coming back to Syra Health Corp (NASDAQ:SYRA), we note that the average 3-month trading volume was 428.26K, while that of the preceding 10-day period stands at 28520.0. Current shares outstanding are 5.59 million.

The insiders hold 32.49% of the company’s shares while institutions hold 1.25%. The data shows that short shares as of 2024-06-28, stood at 0.26 million at a short ratio of 3.9. This represents a 6.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.3700000000000016.370000000000001 short interest in shares outstanding on 2024-06-28. Shares short fall in June from the previous month at 0.34 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 12.24% up in year-to-date price movement.

Most Popular