Is SYTA a good buy

**Siyata Mobile (SYTA) is not currently a good buy** based on the available financial and technical indicators. Here's a detailed analysis:

1. **Financial Performance and Growth**:
- SYTA reported a revenue of $1.89 million for the quarter ended June 2024, which is a decrease from the previous quarter's revenue of $2.5 million. This indicates a decline in revenue.
- The company reported a net loss of $-12.92 million for the same period. This suggests that Siyata Mobile is still unprofitable and has a negative net income.
- The net loss growth rate is -453.82%, which indicates a significant increase in net losses from the previous year.
2. **Technical Analysis**:
- The technical indicators show a bearish trend. The MACD is 0.05, and the RSI is 48.19, which are both below their respective neutral levels. This suggests that the stock is currently in a bearish territory.
- The KDJ indicator is 41.37, which is close to its oversold threshold. This could indicate a potential reversal or further downward movement.
- The stock is trading below its 5-day, 10-day, and 50-day moving averages, which is a bearish signal.
3. **Analyst Ratings and Price Targets**:
- There is no available consensus rating or analyst average price target for Siyata Mobile. This lack of information makes it difficult for investors to gauge the stock's potential.
- The company has announced a price target of $1.915 by Maxim Group, which could indicate potential for growth.
4. **Business and Market Position**:
- SYTA is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular devices and accessories. The company has announced new orders and partnerships that could drive future growth.
- The company has a Price/Sales ratio of 0.79 and a Price/Book ratio of 0.55, which could indicate that the stock is undervalued relative to its sales and book value.

In conclusion, while Siyata Mobile has potential with its new orders and partnerships, the negative net income, significant decline in revenue, and lack of a consensus rating and analyst price target suggest that it is not a good buy at this time. Investors should exercise caution and consider these factors before making a decision to invest in SYTA.