How to Buy Siyata Mobile Stock
Siyata Mobile Inc
Siyata Mobile Inc. develops and provides cellular communications solutions for enterprise customers.
Siyata Mobile stock last closed at $2.85, down 6.25% from the previous day, and has decreased 96.33% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.78 percentage points. Siyata Mobile stock is currently +34.43% from its 52-week low of $2.12, and -97.28% from its 52-week high of $104.93.
As of Apr 24, 2024, there are 570,462 SYTA shares outstanding. The market value of SYTA is $1.63M. In the past 24 hours, 32,331 SYTA shares were traded.
How to Buy Siyata Mobile Stock
Not sure how to invest in Siyata Mobile stock? Here's how.
- Figure out where to buy Siyata Mobile stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Siyata Mobile stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your details.
- Analyze Siyata Mobile stock: The Siyata Mobile ticker symbol is SYTA. Is Siyata Mobile stock a good investment? Should you buy shares of SYTA? How do SYTA's underlying business fundamentals look? Do top analysts think Siyata Mobile is a good buy? Why has SYTA's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if SYTA is a good stock to buy).
- Make your SYTA buy order: Decide if you will purchase SYTA shares at the current market price or use a limit order to purchase SYTA shares at a particular price.
- Get notifications regarding your SYTA position: Create a watchlist to important notifications about your new investment in Siyata Mobile stock.
Step 1: Figure out where to buy Siyata Mobile stock
You need a brokerage account to access the NASDAQ market and buy SYTA shares.
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can invest in SYTA today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the highest rated stock app, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Analyze Siyata Mobile stock
After you have selected the best place to buy Siyata Mobile stock, it's crucial to research their stock prior to investing, so you can wrap your head around the risk and opportunity.
Overview of key SYTA info
SYTA Due Diligence Checks
WallStreetZen was created to help average investors do better fundamental analysis in less time.
You can view all of the due diligence checks on SYTA's stock page.
How is SYTA stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge SYTA's true value.
Using relative valuations methods:
- SYTA could be undervalued based on its P/B ratio of 0.23x, relative to Communication Equipment industry P/B ratio of 2.68x
You can access more valuation research on SYTA's stock here.
How do SYTA Financials look?
Pros:
- There are more short-term assets than short-term liabilities on the SYTA balance sheet.
- There are more short-term assets than long-term liabilities on the SYTA balance sheet.
- Total SYTA debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SYTA profit margin has gone up by 0.79 percentage points in the past year, but the company is still unprofitable.
- SYTA has $660.86k in cash and short term investments. This is not enough to cover its annual cash burn of $7.81M.
- SYTA has cash burn of 7807027. It does not have enough cash and short-term investments to cover this.
- SYTA has a relatively high debt to equity ratio of 0.6.
You can dive deeper into what analysts are projecting on the Siyata Mobile stock forecast page.
SYTA Momentum
SYTA Performance Numbers
Last year, SYTA revenue was $6.05M. In the past 5 year, SYTA's revenue has grown by -5.31% per year. This was slower than the Communication Equipment industry average of 3.95%.
Learn more about SYTA's earnings and revenue performance here.
Who is buying/selling SYTA?
In the past year, executives and large shareholders at SYTA have not bought or sold any shares.
Get more info about who owns SYTA shares here.
Can I rely on SYTA as an income stream?
No, Siyata Mobile doesn't provide an income stream by paying out dividends.
SYTA Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your SYTA buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open button and eToro will execute your order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your SYTA position
Now that you own some SYTA stock, you'll want to keep up with your new investment.
Create a watchlist to get the latest updates about your SYTA stock.
SYTA Feed
How to Buy Stock in Siyata Mobile
To reiterate, here are the 6 steps to buy Siyata Mobile stock:
- Figure out where to buy Siyata Mobile stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Siyata Mobile stock
- Make your SYTA buy order
- Get notifications regarding your SYTA position
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Siyata Mobile, create a watchlist today.
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