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

Siyata Mobile Inc. (CVE:SIM) was down 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 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 Price Performance

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

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. The company also offers VK7 Vehicle Kit and Uniden UV350 4G/LTE, an in-vehicle communication devices that incorporates voice, PoC, data, fleet management solutions, and other Android based applications for professional vehicles, such as trucks, vans, buses, emergency service vehicles, and other enterprise vehicles.