Is Syra Health Corp’s (NASDAQ:SYRA) Stock Expensive Or Cheap At $0.50?

In last trading session, Syra Health Corp (NASDAQ:SYRA) saw 3.42 million shares changing hands with its beta currently measuring 3.32. Company’s recent per share price level of $0.50 trading at -$0.24 or -31.88% at ring of the bell on the day assigns it a market valuation of $4.93M. That closing price of SYRA’s stock is at a discount of -1574.0% from its 52-week high price of $8.37 and is indicating a premium of 32.0% from its 52-week low price of $0.34. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.1 million shares which gives us an average trading volume of 1.55 million if we extend that period to 3-months.

Syra Health Corp (NASDAQ:SYRA) trade information

Upright in the red during last session for losing -31.88%, in the last five days SYRA remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $0.50 price level, adding 46.81% to its value on the day. Syra Health Corp’s shares saw a change of 22.14% in year-to-date performance and have moved 22.14% in past 5-day. Syra Health Corp (NASDAQ:SYRA) showed a performance of 24.28% in past 30-days. Number of shares sold short was 0.24 million shares which calculate 1.0 days to cover the short interests.

Syra Health Corp (SYRA) estimates and forecasts

Statistics highlight that Syra Health Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -62.17% of value to its shares in past 6 months, showing an annual growth rate of 11.67% while that of industry is 24.90. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 44.83% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.01M for the same.

Syra Health Corp (NASDAQ:SYRA)’s Major holders

Insiders are in possession of 17.04% of company’s total shares while institution are holding 7.86 percent of that, with stock having share float percentage of 9.48%. Investors also watch the number of corporate investors in a company very closely, which is 7.86% institutions for Syra Health Corp that are currently holding shares of the company.