Siyata Mobile (CVE:SIM) Stock Price Down 3.7% – Here’s Why

Siyata Mobile Inc. (CVE:SIM)’s stock price dropped 3.7% during mid-day trading on Friday . The company traded as low as C$6.50 and last traded at C$6.50. Approximately 2,575 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 3,978 shares. The stock had previously closed at C$6.75.

Siyata Mobile Trading Down 3.7%

The firm has a market cap of C$20.22 million, a P/E ratio of -1.31 and a beta of 1.30. The stock has a 50 day simple moving average of C$6.50 and a 200-day simple moving average of C$6.50. The company has a current ratio of 2.37, a quick ratio of 0.64 and a debt-to-equity ratio of 6.84.

Siyata Mobile Company Profile

Siyata Mobile Inc develops and provides cellular-based communications platform. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.