Syra Health (NASDAQ:SYRA) Trading Up 2.2% – Should You Buy?

Syra Health Corp. (NASDAQ:SYRAGet Free Report) shares were up 2.2% during mid-day trading on Thursday . The company traded as high as $0.91 and last traded at $0.91. 38,279 shares were traded during mid-day trading, a decline of 15% from the average session volume of 45,116 shares. The stock had previously closed at $0.89.

Syra Health Stock Up 2.2%

The stock has a market capitalization of $12.60 million, a price-to-earnings ratio of -1.40 and a beta of 2.89. The company’s 50-day moving average is $0.81 and its 200-day moving average is $0.54.

Syra Health (NASDAQ:SYRAGet Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.11. The company had revenue of $2.39 million for the quarter, compared to the consensus estimate of $2.20 million. Syra Health had a negative net margin of 54.90% and a negative return on equity of 131.94%. Sell-side analysts anticipate that Syra Health Corp. will post -0.53 EPS for the current year.

About Syra Health

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Syra Health Corp., a healthcare services company, provides health education, population health management, behavioral and mental health, healthcare workforce, and digital health services in the United States. It offers health education services, including medical communications, patient education, and healthcare training; and population health management services, such as analytics as a service, epidemiology, and health equity analytics solutions. The company also engages in developing Syrenity, an on-demand telehealth platform for mental health services.

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