Siyata Mobile (CVE:SIM) Stock Price Down 3.7% – Here’s What Happened

Shares of Siyata Mobile Inc. (CVE:SIMGet Free Report) dropped 3.7% during mid-day trading on Monday . The company traded as low as C$6.50 and last traded at C$6.50. Approximately 2,575 shares traded hands 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 business’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 market cap of C$20.21 million, a price-to-earnings ratio of -1.31 and a beta of 1.30. The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.64 and a current ratio of 2.37.

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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