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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 $0.76, down 1.04% from the previous day, and has decreased 98.02% in one year. It has underperformed other stocks in the Communication Equipment industry by 1 percentage points. Siyata Mobile stock is currently +22.9% from its 52-week low of $0.62, and -98.24% from its 52-week high of $43.26.

As of Jul 12, 2024, there are 570,462 SYTA shares outstanding. The market value of SYTA is $434.69k. In the past 24 hours, 169,840 SYTA shares were traded.

How to Buy Siyata Mobile Stock

Not sure how to invest in Siyata Mobile stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Choose your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$0.76
1w %
14.07%
1y %
-98.02%
5y %
N/A
P/E
-0.12x
P/B
0.08x
P/S
0.07x
PEG
N/A
Revenue
$6.41M
Earnings
-$7.92M
Fore. Rev. Growth
135.54%
Fore. Earn. Growth
N/A
Market Cap
$434.69k
Next Earnings
Aug 2, 2024
Next Dividend
N/A

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 0.08x, relative to Communication Equipment industry P/B ratio of 2.94x

You can access more valuation research on SYTA's stock here.

How do SYTA Financials look?

Pros:

  • There are more short-term assets than long-term liabilities on the SYTA balance sheet.

Cons:

  • SYTA has a relatively high debt to equity ratio of 1.04.
  • SYTA has cash burn of 5854733. It does not have enough cash and short-term investments to cover this.
  • SYTA profit margin has gone up by 0.95 percentage points in the past year, but the company is still unprofitable.
  • SYTA has $427.42k in cash and short term investments. This is not enough to cover its annual cash burn of $5.85M.
  • There are more short-term liabilities than short-term assets on the SYTA balance sheet.

You can dig deeper into what analysts are forecasting on the Siyata Mobile stock forecast page.

SYTA Technicals

SMA10
0.73
SMA20
0.95
SMA50
1.67
SMA100
2.43
SMA200
4.65
MACD
-0.27
MACD Signal
-0.31
MACD Histogram
0.04
RSI
31.77
Stochastic %K
22.48
Stochastic %D
18.66
StochRSI %K
80.27
StochRSI %D
64.4

SYTA Performance Numbers

Last year, SYTA revenue was $6.41M. During the past 3 year, SYTA's revenue has grown by 32.85% per year. This was faster than the Communication Equipment industry average of 3.76%.

Dig into SYTA's earnings and revenue performance here.

Latest Insiders Trades at SYTA

Over the past 12 months, executives and large shareholders at SYTA have not bought or sold any shares.

Research more 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 primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your SYTA buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order enables 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 given dollar amount, use a limit order.

Press the Open button and eToro will place your order.

If you need additional info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get notifications regarding your SYTA position

Now that you own some shares in SYTA, you'll want to keep up with your stock purchase.

Start a watchlist to monitor your SYTA stock.

SYTA Feed

How to Buy Stock in Siyata Mobile

To summarize, here are the 6 steps for buying Siyata Mobile stock:

  1. Figure out where to buy Siyata Mobile stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Analyze Siyata Mobile stock
  5. Make your SYTA buy order
  6. Get notifications regarding your SYTA position

If you require a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Siyata Mobile, create your watchlist below.

NASDAQ: SYTA
$0.76-0.01 (-1.04%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: SYTA
$0.76-0.01 (-1.04%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Siyata Mobile share?

As of Jul 12, 2024, it costs $0.76 to buy one share of Siyata Mobile stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.38, you can buy 0.5 shares of SYTA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Siyata Mobile stock?

One way to place an order for Siyata Mobile stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.