The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Syra Health Corp’s current trading price is -92.83% away from its 52-week high, while its distance from the 52-week low is 74.64%. The stock’s price range for this period has been between $0.34 and $8.37 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.87 million for the day, a number notably higher than the average daily volume of 1.6 million over the last three months.
In terms of market performance, Syra Health Corp had a fairly uneven. The highest value for the stock in the past year was $8.37 on 02/08/24, and the lowest value was recorded at $0.34 on 09/12/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Syra Health Corp (SYRA) has experienced a quarterly rise of 57.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.88M and boasts a workforce of 162 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5237, with a change in price of -0.5701. Similarly, Syra Health Corp recorded 1,125,767 in trading volume during the last 100 days, posting a change of -48.73%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SYRA stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.07.
SYRA Stock Stochastic Average
As of today, Syra Health Corp’s raw stochastic average for the last 50 days stands at 42.33%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 41.86%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 30.83% and 43.64%, respectively.
SYRA Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 45.64% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -54.21%. Over the past 30 days, the price of SYRA has fallen by 51.45%. And in the last five days, it has surged by 36.43%.
