In a report released yesterday, Jack Vander Aarde from Maxim Group reiterated a Buy rating on Siyata Mobile (SYTA – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $0.73.
According to TipRanks, Vander Aarde is a 5-star analyst with an average return of 33.0% and a 36.76% success rate. Vander Aarde covers the Technology sector, focusing on stocks such as Sonic Foundry, Avid Technology, and Inuvo.
Siyata Mobile has an analyst consensus of Moderate Buy, with a price target consensus of $3.00.
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The company has a one-year high of $9.68 and a one-year low of $0.70. Currently, Siyata Mobile has an average volume of 779K.
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Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 4G mobile networks. The company offers rugged phones for industrial users and signal boosters for homes, buildings, and fleets with poor cell coverage. It acts as a developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden Cellular brand. The company serves cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia, and the Middle East. The majority of the company’s revenue comes from Israel.
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