Silynxcom (NYSEAMERICAN:SYNX) Trading 5.4% Higher – Should You Buy?

Shares of Silynxcom Ltd. (NYSEAMERICAN:SYNXGet Free Report) were up 5.4% during trading on Friday . The company traded as high as $0.9165 and last traded at $0.89. 84,717 shares traded hands during mid-day trading, an increase of 66% from the average daily volume of 50,952 shares. The stock had previously closed at $0.8447.

Silynxcom Stock Performance

The firm’s 50 day moving average is $0.98 and its two-hundred day moving average is $1.08.

Silynxcom (NYSEAMERICAN:SYNXGet Free Report) last issued its quarterly earnings data on Monday, September 14th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $3.10 million for the quarter.

Silynxcom Company Profile

(Get Free Report)

Silynxcom Ltd. develops, manufactures and sells tactical communication equipment for military, law enforcement, homeland security and other professional users. The company focuses on lightweight, ruggedized communication systems designed to help personnel communicate in demanding and noisy environments while maintaining situational awareness.

Its product portfolio includes in-ear and headset-based communication systems, push-to-talk devices, control units, tactical radio adapters, microphones and related accessories.

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