Syra Health Corp (SYRA) Down -85.30% From Its 52-Week High, But Growth Potential Is Changing Over Time

Syra Health Corp (NASDAQ:SYRA) currently has a daily average trading volume of 428.26K but it saw 2080253 shares traded in last market. With a market cap of 8.92M USD, the company’s current market price of $1.23 came falling about -3.15 while comparing to the previous closing price of $1.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.37 and as low as $0.81.

Taking a look at 20-day trading activity of Syra Health Corp (SYRA) gives us an average price of $1.3223, while its current price level is -85.30% below from 52-week high level whereas it is 51.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.4046 while that of 200 days or SMA-200 reads an average of $1.4602. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.12% during that period while stretching the period over a month that decreases to 6.00%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.38 which implies that the stock is in neutral territory.

Over the week, SYRA’s stock price is moving -7.52% down while it is -9.56% when we observe its performance for the past one month. Year-to-date it is 21.10% up and over the past year.

Currently, Syra Health Corp’s total number of outstanding shares is 5.59M. Company’s return on investment (ROI) stands at -104.35% and return on equity (ROE) at -213.31%. Stock has a price to book (P/B) ratio of 2.35 while price to sale or P/S ratio amounts to 1.47. Its return on asset (ROA) is -105.01% on average.