The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.99 in the prior trading day, Syra Health Corp (NASDAQ: SYRA) closed at $1.07, up 7.87%. In other words, the price has increased by $7.87 from its previous closing price. On the day, 1.27 million shares were traded. SYRA stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $0.9401.
Ratios:
Our goal is to gain a better understanding of SYRA by taking a closer look at its different ratios.
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 Dec 14 ’23 when Allam Sandeep bought 294 shares for $1.31 per share. The transaction valued at 385 led to the insider holds 3,730 shares of the business.
Syed Feroz bought 175 shares of SYRA for $248 on Dec 14 ’23. The 10% Owner now owns 1,825 shares after completing the transaction at $1.42 per share. On Dec 13 ’23, another insider, Allam Sandeep, who serves as the President and Chair of the company, bought 647 shares for $1.40 each. As a result, the insider paid 906 and bolstered with 3,436 shares of the company.
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 7024464 and an Enterprise Value of 12017500. Its current Enterprise Value per Revenue stands at 2.179 whereas that against EBITDA is -4.233.
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 $0.81. The 50-Day Moving Average of the stock is -36.80%, while the 200-Day Moving Average is calculated to be -30.79%.
Shares Statistics:
The stock has traded on average 1.90M shares per day over the past 3-months and 209260 shares per day over the last 10 days, according to various share statistics. Shares short for SYRA as of 1711584000 were 144569 with a Short Ratio of 0.08, compared to 1709164800 on 155941.
