Silynxcom (NYSEAMERICAN:SYNX) Trading Up 1.4% – Here’s What Happened

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

Silynxcom Trading Down 0.9%

The firm has a fifty day simple moving average of $1.12 and a 200-day simple moving average of $1.11.

Silynxcom (NYSEAMERICAN:SYNX) last released its earnings results on Friday, May 1st. The company reported ($0.11) EPS for the quarter. The firm had revenue of $1.77 million during the quarter.

Institutional Trading of Silynxcom

An institutional investor recently bought a new stake in Silynxcom stock. Thompson Davis & CO. Inc. acquired a new stake in Silynxcom Ltd. (NYSEAMERICAN:SYNX) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 29,999 shares of the company’s stock, valued at approximately $52,000. Thompson Davis & CO. Inc. owned 0.95% of Silynxcom at the end of the most recent reporting period.

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.