Siyata Mobile (CVE:SIM) Shares Down 3.7% – Should You Sell?

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

Siyata Mobile Stock Down 3.7%

The company has a quick ratio of 0.64, a current ratio of 2.37 and a debt-to-equity ratio of 6.84. The firm has a market capitalization of C$20.21 million, a PE ratio of -1.31 and a beta of 1.30. The business’s 50-day moving average price is C$6.50 and its 200-day moving average price is C$6.50.

About Siyata Mobile

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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.

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