Siyata Mobile (NASDAQ:SYTA) Announces Earnings Results

Siyata Mobile (NASDAQ:SYTAGet Free Report) announced its quarterly earnings results on Wednesday. The company reported ($1.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.05) by $0.01, MarketWatch Earnings reports. Siyata Mobile had a negative net margin of 189.53% and a negative return on equity of 157.16%. During the same period last year, the firm posted ($3.00) EPS.

Siyata Mobile Trading Up 3.7 %

Shares of SYTA opened at $0.64 on Thursday. The company has a current ratio of 2.37, a quick ratio of 1.20 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.18 million, a PE ratio of -0.02 and a beta of 1.51. Siyata Mobile has a 1 year low of $0.50 and a 1 year high of $29.20. The stock has a 50 day simple moving average of $1.93 and a 200-day simple moving average of $7.86.

Institutional Trading of Siyata Mobile

A number of large investors have recently bought and sold shares of the stock. Two Sigma Securities LLC acquired a new stake in shares of Siyata Mobile in the 1st quarter valued at $26,000. Jane Street Group LLC bought a new position in Siyata Mobile during the 1st quarter valued at about $30,000. Bank of America Corp DE acquired a new position in Siyata Mobile in the first quarter valued at about $31,000. Virtu Financial LLC bought a new stake in Siyata Mobile during the first quarter worth about $68,000. Finally, Anson Funds Management LP bought a new stake in Siyata Mobile during the first quarter worth about $274,000.

Analysts Set New Price Targets

Separately, Fundamental Research set a $15.20 target price on shares of Siyata Mobile and gave the company a “buy” rating in a research note on Tuesday, August 29th.

View Our Latest Analysis on SYTA

Siyata Mobile Company Profile

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Siyata Mobile Inc develops and provides cellular-based communications platform. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.

See Also

Earnings History for Siyata Mobile (NASDAQ:SYTA)

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