Syra Health (NASDAQ:SYRA) Stock Price Down 1.2% – Time to Sell?

Syra Health Corp. (NASDAQ:SYRA – Get Free Report) dropped 1.2% during trading on Monday. The stock traded as low as $0.8501 and last traded at $0.8501. Approximately 8,711 shares traded hands during trading, a decline of 80% from the average session volume of 43,203 shares. The stock had previously closed at $0.86.

Syra Health Trading Down 0.8%

The business has a 50 day moving average of $0.86 and a two-hundred day moving average of $0.64. The firm has a market cap of $11.68 million, a P/E ratio of -1.30 and a beta of 2.91.

Syra Health (NASDAQ:SYRA – Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.11. Syra Health had a negative return on equity of 131.94% and a negative net margin of 54.90%. The business had revenue of $2.39 million during the quarter, compared to the consensus estimate of $2.20 million. On average, sell-side analysts predict that Syra Health Corp. will post -0.53 EPS for the current year.

Syra Health Company Profile

(Get Free Report)

Syra Health Corp. is a healthcare technology company that develops solutions intended to improve access to care, patient outcomes and healthcare delivery. The company focuses on behavioral health, population health management, healthcare workforce services and healthcare education.

Its offerings are designed to support healthcare providers, government agencies, employers and other organizations with services such as care coordination, behavioral health support, workforce development and education and training programs.

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