Siyata Mobile Inc. (NASDAQ: SYTA) is 14.25% higher on its value in year-to-date trading and has touched a low of $0.11 and a high of $1.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SYTA stock was last observed hovering at around $0.17 in the last trading session, with the day’s loss setting it 0.0% off its average median price target of $0.50 for the next 12 months. It is also 66.0% off the consensus price target high of $0.50 offered by 2 analysts, but current levels are 66.0% higher than the price target low of $0.50 for the same period.
Currently trading at $0.17, the stock is -3.87% and 3.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.97 million and changing 2.16% at the moment leaves the stock -72.83% off its SMA200. SYTA registered -87.51% loss for a year compared to 6-month loss of -79.87%.
The stock witnessed a 14.77% gain in the last 1 month and extending the period to 3 months gives it a 21.56%, and is -17.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.40% over the week and 14.14% over the month.
Siyata Mobile Inc. (SYTA) has around 27 employees, a market worth around $8.59M and $6.30M in sales. Distance from 52-week low is 66.32% and -89.21% from its 52-week high.
Siyata Mobile Inc. (SYTA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Siyata Mobile Inc. (SYTA) is a “Buy”. 2 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Siyata Mobile Inc. is expected to release its quarterly report on 05/30/2023.The EPS is expected to grow by 46.80% this year.
Siyata Mobile Inc. (SYTA) Top Institutional Holders
The shares outstanding are 44.87M, and float is at 44.08M with Short Float at 2.86%.
Siyata Mobile Inc. (SYTA) Insider Activity
A total of 3 insider transactions have happened at Siyata Mobile Inc. (SYTA) in the last six months, with sales accounting for 0 and purchases happening 3 times.