Silynxcom (NYSE:SYNX) Shares Up 4.2% – Time to Buy?

Silynxcom Ltd. (NYSE:SYNXGet Free Report)’s stock price rose 4.2% during mid-day trading on Thursday . The stock traded as high as $1.76 and last traded at $1.72. Approximately 42,530 shares traded hands during mid-day trading, an increase of 29% from the average daily volume of 33,051 shares. The stock had previously closed at $1.65.

Silynxcom Price Performance

The firm has a 50-day moving average price of $1.80 and a 200-day moving average price of $2.91.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Silynxcom stock. AWM Investment Company Inc. increased its stake in Silynxcom Ltd. (NYSE:SYNXFree Report) by 3.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 672,173 shares of the company’s stock after buying an additional 19,551 shares during the period. AWM Investment Company Inc. owned 21.27% of Silynxcom worth $2,433,000 as of its most recent filing with the Securities & Exchange Commission.

About Silynxcom

(Get Free Report)

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.

Further Reading

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