Silynxcom Ltd (SYNX) Stock: Understanding the Volatility

The stock of Silynxcom Ltd (SYNX) has gone up by 35.53% for the week, with a -5.13% drop in the past month and a 7.20% rise in the past quarter. The volatility ratio for the week is 7.12%, and the volatility levels for the past 30 days are 11.39% for SYNX. The simple moving average for the past 20 days is 23.95% for SYNX’s stock, with a 14.71% simple moving average for the past 200 days.

Is It Worth Investing in Silynxcom Ltd (AMEX: SYNX) Right Now?

The public float for SYNX is 1.10M, and at present, short sellers hold a 1.90% of that float. On July 24, 2024, the average trading volume of SYNX was 10.21K shares.

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SYNX) stock’s latest price update

Silynxcom Ltd (AMEX: SYNX) has experienced a rise in its stock price by 17.83 compared to its previous closing price of 3.14. However, the company has seen a gain of 35.53% in its stock price over the last five trading days. globenewswire.com reported 2024-07-24 that The tactical sound protection headset market is projected to reach $ 3.8 Billion by 2027

SYNX Trading at 28.39% from the 50-Day Moving Average

After a stumble in the market that brought SYNX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.76% of loss for the given period.

Volatility was left at 11.39%, however, over the last 30 days, the volatility rate increased by 7.12%, as shares surge +6.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.76% upper at present.

During the last 5 trading sessions, SYNX rose by +31.13%, in comparison to the 20-day moving average, which settled at $3.00. In addition, Silynxcom Ltd saw 2.49% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SYNX

Current profitability levels for the company are sitting at:

  • -0.36 for the present operating margin
  • 0.42 for the gross margin

The net margin for Silynxcom Ltd stands at -0.37. The total capital return value is set at -1.81. Equity return is now at value -186.75, with -47.09 for asset returns.

Based on Silynxcom Ltd (SYNX), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 2.35.

Currently, EBITDA for the company is -2.65 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 4.67for trailing twelve months and the total asset turnover is 1.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.

Conclusion

To sum up, Silynxcom Ltd (SYNX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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