Silynxcom (NYSEAMERICAN:SYNX) Shares Up 1.4% – Still a Buy?

Silynxcom Ltd. (NYSEAMERICAN:SYNX)’s stock price shot up 1.4% during trading on Monday . The stock traded as high as $1.07 and last traded at $1.07. Approximately 26,564 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 30,274 shares. The stock had previously closed at $1.0550.

Silynxcom Trading Up 1.4%

The stock’s fifty day moving average price is $1.13 and its two-hundred day moving average price is $1.11.

Silynxcom (NYSEAMERICAN:SYNX) last announced its quarterly earnings data on Friday, May 1st. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $1.77 million for the quarter.

Institutional Investors Weigh In On Silynxcom

An institutional investor recently bought a new stake in Silynxcom stock. Thompson Davis & CO. Inc. purchased a new stake in Silynxcom Ltd. (NYSEAMERICAN:SYNX) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 29,999 shares of the company’s stock, valued at approximately $52,000. Thompson Davis & CO. Inc. owned about 0.95% of Silynxcom as of its most recent filing with the Securities and Exchange Commission.

About Silynxcom

Silynxcom Ltd. is involved in developing, manufacturing, marketing and selling ruggedized tactical communication headset devices as well as other communication accessories. Silynxcom Ltd. is based in Netanya, Israel.