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After finishing at $0.50 in the prior trading day, Syra Health Corp (NASDAQ: SYRA) closed at $0.49, down -1.98%. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 0.11 million shares were traded. SYRA stock price reached its highest trading level at $0.51 during the session, while it also had its lowest trading level at $0.4701.
Ratios:
Our goal is to gain a better understanding of SYRA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.63 and its Current Ratio is at 4.63. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’24 when Prasad Priya bought 5,303 shares for $0.38 per share. The transaction valued at 2,015 led to the insider holds 10,295 shares of the business.
Prasad Priya sold 500 shares of SYRA for $3,750 on Feb 08 ’24. The CFO and COO now owns 4,992 shares after completing the transaction at $7.50 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYRA now has a Market Capitalization of 4807445 and an Enterprise Value of 6352200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 0.821 whereas that against EBITDA is -1.519.
Stock Price History:
Over the past 52 weeks, SYRA has reached a high of $8.37, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is 14.81%, while the 200-Day Moving Average is calculated to be -46.34%.
Shares Statistics:
The stock has traded on average 1.67M shares per day over the past 3-months and 9348470 shares per day over the last 10 days, according to various share statistics. A total of 8.97M shares are outstanding, with a floating share count of 7.44M. Insiders hold about 24.09% of the company’s shares, while institutions hold 7.20% stake in the company. Shares short for SYRA as of 1735603200 were 123183 with a Short Ratio of 0.07, compared to 1732838400 on 501975. Therefore, it implies a Short% of Shares Outstanding of 123183 and a Short% of Float of 1.6500000000000001.
