Syra Health Corp (SYRA) Stock: Identifying Value and Future Vision

Syra Health Corp [SYRA] stock prices are up 14.32% to $0.43 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SYRA shares have gain 12.01% over the last week, with a monthly amount glided 4.66%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Syra Health Corp [SYRA] has been fluctuating between $0.34 and $8.37 over the past year. Syra Health Corp [NASDAQ: SYRA] shares were valued at $0.43 at the most recent close of the market.

Analyzing the SYRA fundamentals

The Syra Health Corp [NASDAQ:SYRA] reported sales of 7.74M for trailing twelve months, representing a surge of 42.49%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.55%, Pretax Profit Margin comes in at -0.55%, and Net Profit Margin reading is -0.55%. To continue investigating profitability, this company’s Return on Assets is posted at -0.96, Equity is -1.32 and Total Capital is -1.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3733 points at the first support level, and at 0.3197 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4603, and for the 2nd resistance point, it is at 0.4937.

Ratios To Look Out For

It’s worth pointing out that Syra Health Corp [NASDAQ:SYRA]’s Current Ratio is 4.63. Further, the Quick Ratio stands at 4.63, while the Cash Ratio is 3.07. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 1.26.

Transactions by insiders

Recent insider trading involved Prasad Priya, CFO and COO, that happened on Dec 04 ’23 when 4271.0 shares were purchased. CFO and COO, Prasad Priya completed a deal on Sep 12 ’24 to buy 5303.0 shares. Meanwhile, CFO and COO Prasad Priya bought 435.0 shares on Dec 01 ’23.

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