Silynxcom Ltd (AMEX: SYNX) is -53.04% lower on its value in year-to-date trading and has touched a low of $1.65 and a high of $6.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SYNX stock was last observed hovering at around $1.73 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $1.70, the stock is -2.85% and -6.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing -1.73% at the moment leaves the stock -42.85% off its SMA200. SYNX registered -33.32% loss for a year compared to 6-month loss of -39.29%.
The stock witnessed a -10.53% gain in the last 1 month and extending the period to 3 months gives it a -57.39%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.12% over the week and 4.11% over the month.
Silynxcom Ltd (SYNX) has around 34 employees, a market worth around $11.28M and $9.09M in sales. Profit margin for the company is -25.81%. Distance from 52-week low is 3.03% and -73.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.93%).
The shares outstanding are 5.29M, and float is at 2.73M with Short Float at 0.06%.