Silynxcom (NYSEAMERICAN:SYNX) Share Price Breaks Above 50 Day Moving Average – Time to Sell?

Silynxcom Ltd. (NYSEAMERICAN:SYNX – Get Free Report) shares crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $0.88 and traded as high as $0.8999. Silynxcom shares last traded at $0.8980, with a volume of 41,016 shares.

Silynxcom Trading Up 10.2%

The stock’s fifty day moving average price is $0.88 and its 200-day moving average price is $1.04.

Silynxcom (NYSEAMERICAN:SYNX – Get Free Report) last posted its quarterly earnings results on Monday, September 14th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $3.10 million for the quarter.

About Silynxcom

(Get Free Report)

Silynxcom Ltd. is an Israel-based communications technology company that develops and supplies tactical communication equipment for military, law enforcement, security and other professional users. Its products are designed to support reliable voice communication in demanding operating environments where users may need to coordinate while wearing helmets, protective gear or other equipment.

The company’s product portfolio includes tactical headsets, in-ear communication systems, push-to-talk devices, radio adapters, control units and related accessories.

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