Silynxcom (NYSE:SYNX) Trading Up 0.7% – Still a Buy?

Silynxcom Ltd. (NYSE:SYNXGet Free Report)’s stock price was up 0.7% on Wednesday . The stock traded as high as $1.49 and last traded at $1.49. Approximately 9,579 shares changed hands during trading, a decline of 85% from the average daily volume of 64,885 shares. The stock had previously closed at $1.48.

Silynxcom Trading Up 0.7%

The company has a fifty day moving average of $1.66 and a two-hundred day moving average of $1.91.

Institutional Trading of Silynxcom

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Warberg Asset Management LLC purchased a new stake in Silynxcom during the 2nd quarter valued at $44,000. Thompson Davis & CO. Inc. bought a new position in Silynxcom in the 2nd quarter valued at $52,000. Finally, AWM Investment Company Inc. grew its position in Silynxcom by 56.0% in the 2nd quarter. AWM Investment Company Inc. now owns 1,043,593 shares of the company’s stock valued at $1,795,000 after acquiring an additional 374,561 shares during the last quarter.

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.

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