Siyata Mobile Stock Today

SYTA Stock  USD 0.98  0.07  6.67%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 85

 
High
 
Low
Very High
Siyata Mobile is trading at 0.98 as of the 24th of November 2024, a 6.67 percent decrease since the beginning of the trading day. The stock's open price was 1.05. Siyata Mobile has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Siyata Mobile are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
25th of September 2020
Category
Technology
Classification
Information Technology
Siyata Mobile Inc. develops and provides cellular communications solutions for enterprise customers. The company was incorporated in 1986 and is headquartered in Montreal, Canada. Siyata Mobile operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 4.07 M outstanding shares of which 98.33 K shares are at this time shorted by private and institutional investors with about 0.02 trading days to cover. More on Siyata Mobile

Moving against Siyata Stock

  0.68IBM International Business Fiscal Year End 22nd of January 2025 PairCorr
  0.34INTC Intel Fiscal Year End 23rd of January 2025 PairCorr

Siyata Stock Highlights

CEO PresidentMarc Seelenfreund
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.760.5308
Way Up
Slightly volatile
Gross Profit Margin0.180.3229
Way Down
Slightly volatile
Total Current Liabilities5.7 M5.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total366.4 K385.6 K
Notably Down
Slightly volatile
Total Assets16.3 M15.5 M
Sufficiently Up
Slightly volatile
Total Current Assets3.8 M6.7 M
Way Down
Slightly volatile
Debt Levels
Siyata Mobile can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Siyata Mobile's financial leverage. It provides some insight into what part of Siyata Mobile's total assets is financed by creditors.
Liquidity
Siyata Mobile currently holds 2.2 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Siyata Mobile has a current ratio of 1.52, which is within standard range for the sector. Note, when we think about Siyata Mobile's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(964,222)
Siyata Mobile (SYTA) is traded on NASDAQ Exchange in USA. It is located in 1751 Richardson Street, Montreal, QC, Canada, H3K 1G6 and employs 23 people. Siyata Mobile is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.99 M. Siyata Mobile conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 4.07 M outstanding shares of which 98.33 K shares are at this time shorted by private and institutional investors with about 0.02 trading days to cover. Siyata Mobile currently holds about 4.05 M in cash with (8.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Check Siyata Mobile Probability Of Bankruptcy
Ownership Allocation
About 99.0 % of Siyata Mobile outstanding shares are held by general public with 1.0 % by institutional holders.
Check Siyata Ownership Details

Siyata Stock Institutional Holders

InstituionRecorded OnShares
Concord Wealth Partners2024-09-30
77.0
Ronald Blue Trust, Inc.2024-09-30
0.0
Y.d. More Investments Ltd2024-06-30
0.0
View Siyata Mobile Diagnostics

Siyata Mobile Historical Income Statement

At present, Siyata Mobile's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 883.9 K, whereas Operating Income is projected to grow to (10.8 M). View More Fundamentals

Siyata Stock Against Markets

Siyata Mobile Corporate Management

Peter MBAExecutive BoardProfile
Daniel KimVice DevelopmentProfile
Eyal PresslerDirector SalesProfile
Gerald BernsteinChief OfficerProfile
Gidi BrachaVice DevelopmentProfile
Glenn KennedyVice SalesProfile
When determining whether Siyata Mobile is a strong investment it is important to analyze Siyata Mobile's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Siyata Mobile's future performance. For an informed investment choice regarding Siyata Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siyata Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Siyata Stock refer to our How to Trade Siyata Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Siyata Mobile. If investors know Siyata will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Siyata Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
65.55
Revenue Per Share
175.111
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.43)
Return On Equity
(3.29)
The market value of Siyata Mobile is measured differently than its book value, which is the value of Siyata that is recorded on the company's balance sheet. Investors also form their own opinion of Siyata Mobile's value that differs from its market value or its book value, called intrinsic value, which is Siyata Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Siyata Mobile's market value can be influenced by many factors that don't directly affect Siyata Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Siyata Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siyata Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siyata Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.