Siyata Mobile (NASDAQ:SYTA) Trading Up 14% – Should You Buy?

Siyata Mobile Inc. (NASDAQ:SYTA) rose 14% during trading on Thursday . The stock traded as high as $0.99 and last traded at $0.98. Approximately 491,458 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 371,670 shares. The stock had previously closed at $0.86.

Siyata Mobile Price Performance

The firm has a 50 day moving average of $1.29 and a 200-day moving average of $20.48. The company has a current ratio of 0.54, a quick ratio of 0.41 and a debt-to-equity ratio of 0.27. The company has a market cap of $575,700.00, a P/E ratio of -0.02 and a beta of 1.09.

Siyata Mobile (NASDAQ:SYTA) last posted its quarterly earnings results on Thursday, August 15th. The company reported ($47.88) EPS for the quarter. Siyata Mobile had a negative return on equity of 182.47% and a negative net margin of 269.08%. The business had revenue of $1.89 million during the quarter.

About Siyata Mobile

Siyata Mobile Inc engages in the development and sale of cellular-based communications platform in the United States, Canada, Europe, Australia, the Middle East, and internationally. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, enterprise customers, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.