Siyata Mobile (CVE:SIM) Trading Up 8.5%

Siyata Mobile Inc (CVE:SIM)’s stock price was up 8.5% during mid-day trading on Monday . The company traded as high as C$0.39 and last traded at C$0.39, approximately 297,500 shares traded hands during mid-day trading. An increase of 7% from the average daily volume of 278,897 shares. The stock had previously closed at C$0.36.

Separately, Fundamental Research raised their target price on Siyata Mobile from C$1.09 to C$1.14 and gave the stock a “top pick” rating in a research report on Thursday, November 21st.

The company has a quick ratio of 1.32, a current ratio of 3.69 and a debt-to-equity ratio of 31.91. The stock has a 50-day simple moving average of C$0.31 and a 200-day simple moving average of C$0.41. The firm has a market capitalization of $44.92 million and a PE ratio of -2.91.

Siyata Mobile (CVE:SIM) last released its earnings results on Thursday, November 14th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$5.05 million during the quarter. Equities analysts forecast that Siyata Mobile Inc will post 0.0202817 earnings per share for the current fiscal year.

About Siyata Mobile (CVE:SIM)

Siyata Mobile Inc develops and provides cellular communications systems for enterprise customers. It offers vehicle mounted cellular based communications platforms over advanced 3G mobile networks under the Uniden Cellular brand. The company's products include Uniden UCP100, a communications device for commercial vehicles, trucks, and fleets that allows drivers to talk and drive with a clearer signal; Uniden UCP200, a connected vehicle smartphone that provides in-vehicle voice calls and various Android-based automotive applications and multi-media contents; and BAGFONE, a cellular mobile device packaged in a rugged case allowing better communication in remote locations.

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