Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Silynxcom Ltd (AMEX: SYNX) closed the day trading at $1.13 up 7.62% from the previous closing price of $1.05. In other words, the price has increased by $7.62 from its previous closing price. On the day, 0.13 million shares were traded. SYNX stock price reached its highest trading level at $1.18 during the session, while it also had its lowest trading level at $1.0.
Ratios:
For a better understanding of SYNX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.56 and its Current Ratio is at 4.31. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYNX now has a Market Capitalization of 7496872 and an Enterprise Value of 4267414. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 0.711 whereas that against EBITDA is -1.032.
Stock Price History:
The Beta on a monthly basis for SYNX is 0.50, which has changed by -0.6111111 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, SYNX has reached a high of $6.49, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -26.44%, while the 200-Day Moving Average is calculated to be -44.93%.
Shares Statistics:
Over the past 3-months, SYNX traded about 81.97K shares per day on average, while over the past 10 days, SYNX traded about 35370 shares per day. A total of 6.63M shares are outstanding, with a floating share count of 2.73M. Insiders hold about 58.80% of the company’s shares, while institutions hold 16.48% stake in the company. Shares short for SYNX as of 1763078400 were 31128 with a Short Ratio of 0.38, compared to 1760486400 on 55483. Therefore, it implies a Short% of Shares Outstanding of 31128 and a Short% of Float of 1.0.
