Siyata Mobile Inc (NASDAQ:SYTA) price on Thursday, May 22, rose 24.18% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.47.
A look at the stock’s price movement, the close in the last trading session was $5.21. Turning to its 52-week performance, $885.58 and $0.93 were the 52-week high and 52-week low respectively. Overall, SYTA moved 443.70% over the past month.
Siyata Mobile Inc’s market cap currently stands at around $19.52 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SYTA is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
SYTA’s current price about 195.17% and 227.94% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 68.77, while 7-day volatility ratio is 51.51% and 29.31% in the 30-day chart. Further, Siyata Mobile Inc (SYTA) has a beta value of 2.40, and an average true range (ATR) of 1.19.
If we refocus on Siyata Mobile Inc (NASDAQ:SYTA), historical trading data shows that trading volumes averaged 7.70 million over the past 3 months. The company’s latest data on shares outstanding shows there are 3.02 million shares.
The 0.00% of Siyata Mobile Inc’s shares are in the hands of company insiders while institutional holders own 0.18% of the company’s shares. Current price change has pushed the stock 6.41% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SYTA stock continues to rise going into the next quarter.
