Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Syra Health Corp (NASDAQ: SYRA) closed the day trading at $0.27 up 3.85% from the previous closing price of $0.26. In other words, the price has increased by $3.85 from its previous closing price. On the day, 0.46 million shares were traded. SYRA stock price reached its highest trading level at $0.2746 during the session, while it also had its lowest trading level at $0.2402.
Ratios:
For a better understanding of SYRA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.46 and its Current Ratio is at 5.46. In the meantime, Its Debt-to-Equity ratio is 0.16 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.
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 3215183 and an Enterprise Value of 2729327. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.342 whereas that against EBITDA is -0.737.
Stock Price History:
The Beta on a monthly basis for SYRA is 4.10, which has changed by -0.7969925 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, SYRA has reached a high of $2.27, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -31.53%, while the 200-Day Moving Average is calculated to be -59.86%.
Shares Statistics:
Over the past 3-months, SYRA traded about 2.28M shares per day on average, while over the past 10 days, SYRA traded about 278490 shares per day. A total of 11.91M shares are outstanding, with a floating share count of 9.78M. Insiders hold about 17.88% of the company’s shares, while institutions hold 4.68% stake in the company. Shares short for SYRA as of 1741910400 were 728237 with a Short Ratio of 0.32, compared to 1739491200 on 1548303. Therefore, it implies a Short% of Shares Outstanding of 728237 and a Short% of Float of 7.4099995000000005.
