Siyata Mobile Inc (NASDAQ: SYTA) Plunged -82.37% In 6 Months – Here’s What Happens Next

Siyata Mobile Inc (NASDAQ:SYTA)’s traded shares stood at 1.07 million during the last session, with the company’s beta value hitting 1.04. At the close of trading, the stock’s price was $2.98, to imply a decrease of -28.54% or -$1.19 in intraday trading. The SYTA share’s 52-week high remains $885.58, putting it -29617.45% down since that peak but still an impressive -2.01% since price per share fell to its 52-week low of $3.04.

Siyata Mobile Inc (NASDAQ:SYTA) trade information

After registering a -28.54% downside in the last session, Siyata Mobile Inc (SYTA) has traded red over the past five days. The 5-day price performance for the stock is -9.15%, and -42.02% over 30 days. With these gigs, the year-to-date price performance is -50.99%.

Siyata Mobile Inc (SYTA) estimates and forecasts

The rating firms project that company’s revenue will grow 79.24% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 5.76M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 4.21M.Earnings reports from the last fiscal year show that sales brought in 2.54M and 3.21M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 126.92% before jumping 31.38% in the following quarter.

SYTA Dividends

Siyata Mobile Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Going by data provided on Oct 31, 2023 , Fidelity NASDAQ Composite Index Fund holds roughly 28.0 shares. This is just over 0.01% of the total shares, with a market valuation of $83.0