How to Buy Syra Health Stock
Syra Health Corp
Syra Health Corp. , a healthcare services company, provides health education, population health management, behavioral and mental health, healthcare workforce, and digital health services in the United States.
Syra Health stock last closed at $1.51, down 29.44% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Medical Care Facilities industry by N/A percentage points. Syra Health stock is currently +85.96% from its 52-week low of $0.81, and -81.96% from its 52-week high of $8.37.
There are currently 6.42M SYRA shares outstanding. The market value of SYRA is $9.70M. In the past 24 hours, 1.05M SYRA shares were traded.
How to Buy Syra Health Stock
Wondering how to invest in Syra Health stock? Here's how.
- Figure out where to buy Syra Health stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Syra Health stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Evaluate Syra Health stock: The Syra Health ticker symbol is SYRA. Is Syra Health stock a good investment? Should you buy shares of SYRA? How do SYRA's underlying business fundamentals look? Do top analysts think Syra Health is a good buy? Why has SYRA's stock price moved recently? (Hint: Our stock market research tools can help you understand if SYRA is a good stock to buy).
- Execute your SYRA buy order: Decide if you will purchase SYRA shares at the current market price or use a limit order to buy SYRA stock at a particular price.
- Watch your investment in SYRA: Create a watchlist to important notifications about your investment in Syra Health shares.
Step 1: Figure out where to buy Syra Health stock
You will need a brokerage account in order to access the NASDAQ market and buy SYRA stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to invest in SYRA stock today.
How to Set Up 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.
- Enter your personal details to create your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best stock buying app, you can securely and quickly fund your account:
Watch the video below for more details transferring money into your new brokerage account.
Step 4: Evaluate Syra Health stock
Once you have identified the best place to buy Syra Health stock, it's crucial to evaluate their stock prior to investing, so you can comprehend the risk as well as the upside.
Syra Health shares data
Syra Health Overview
WallStreetZen was created to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on SYRA's stock page.
Is SYRA stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SYRA's true value.
Using relative valuations ratios:
- SYRA could be undervalued based on its P/B ratio of 2.81x, relative to Medical Care Facilities industry P/B ratio of 4.45x
You can do additional valuation research on SYRA's stock here.
SYRA Financial Health Summary
Passed Financial Due Diligence Checks:
- SYRA has a low debt to equity ratio of 0.32.
- There are more short-term assets than short-term liabilities on the SYRA balance sheet.
- There are more short-term assets than long-term liabilities on the SYRA balance sheet.
Failed Financial Due Diligence Checks:
- SYRA profit margin has gone down from -40.6% to -59.2% in the past year.
- SYRA has $3.24M in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.53M.
- SYRA has cash burn of 3525962. It does not have enough cash and short-term investments to cover this.
You can dig deeper into what analysts are forecasting on the Syra Health stock forecast page.
Metrics for Advanced SYRA Traders
How are SYRA Revenues/Earnings doing?
Last year, SYRA revenue was $6.08M. During the last one years, SYRA's revenue has increased by 3.73% per year. This was slower than the Medical Care Facilities industry average of 8.58%.
You can analyze SYRA's earnings and revenue performance here.
Are SYRA executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at SYRA have bought more shares than they have sold.
Sandeep Allam, President and Chair of SYRA, was the latest SYRA insider to buy. They bought $385.14 worth of SYRA shares on Dec 14, 2023.
Learn more about who owns SYRA stock here.
Does SYRA stock generate passive income?
No, Syra Health doesn't provide an income stream by paying out dividends.
What do other traders have to say about SYRA?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your SYRA buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Watch your investment in SYRA
Now that you own some SYRA stock, you'll want to keep up with your new investment.
Add SYRA to a watchlist to get the latest updates about your SYRA stock.
SYRA Feed
How to Buy Stock in Syra Health
To reiterate, here are the 6 steps you need to take to buy Syra Health stock right now:
- Figure out where to buy Syra Health stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Syra Health stock
- Execute your SYRA buy order
- Watch your investment in SYRA
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Syra Health, add SYRA to your watchlist by clicking the button below.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.