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

Syra Health Corp. (NASDAQ:SYRA) shares traded up 2.2% on Thursday . The company traded as high as $0.91 and last traded at $0.91. Approximately 38,279 shares changed hands during 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 Performance

The company has a market cap of $12.60 million, a PE ratio of -1.40 and a beta of 2.89. The firm’s 50 day moving average is $0.81 and its 200-day moving average is $0.54.

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

Syra Health Company Profile

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.