How to Buy Silynxcom Stock
Silynxcom Ltd
Silynxcom is a consumer electronic company located in Israel, which is part of the Technology sector, and is traded under the ticker SYNX on the NYSEMKT exchange.
Silynxcom stock last closed at $2.85, down 5% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Consumer Electronics industry by N/A percentage points. Silynxcom stock is currently +6.74% from its 52-week low of $2.67, and -30.49% from its 52-week high of $4.10.
As of May 7, 2024, there are 5.08M SYNX shares outstanding. The market value of SYNX is $14.46M. In the past 24 hours, 1250 SYNX shares were traded.
How to Buy Silynxcom Stock
Wondering how to invest in Silynxcom stock? Here's how.
- Figure out where to buy Silynxcom stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Silynxcom stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Silynxcom stock: The Silynxcom ticker symbol is SYNX. Is Silynxcom stock a good investment? Should you buy shares of SYNX? How do SYNX's underlying business fundamentals look? Do top analysts think Silynxcom is a good buy? Why has SYNX's stock price moved recently? (Hint: Our stock research tools can help you figure out if SYNX is a good stock to buy).
- Place your SYNX purchase: Decide if you will purchase SYNX shares at the current market price or use a limit order to buy SYNX shares at a given price.
- Monitor your SYNX position: Create a watchlist to get the latest news on your position in Silynxcom shares.
Step 1: Figure out where to buy Silynxcom stock
You will need a brokerage account in order to access the NYSEMKT market and buy SYNX stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you can invest in SYNX today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on the best stock market app for beginners, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of transferring money into your investment account.
Step 4: Evaluate Silynxcom stock
After you have chosen the best place to buy Silynxcom stock, it's important to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Silynxcom Metrics
Silynxcom Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can see all of the due diligence checks on SYNX's stock page.
What is the fair value of SYNX stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SYNX's intrinsic value.
Using relative valuations methods:
- SYNX may be undervalued based on its P/B ratio of 6.51x, relative to Consumer Electronics industry P/B ratio of 22.16x
You can access more valuation analysis on SYNX's stock here.
How do SYNX Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the SYNX balance sheet.
- SYNX's operating cash flow of $730.00k allows it to safely service it's debt of $644.00k.
- There are more short-term assets than long-term liabilities on the SYNX balance sheet.
Failed Financial Due Diligence Checks:
- SYNX has a relatively high debt to equity ratio of 1.78.
- SYNX profit margin has gone down from 24.8% to -36.9% in the past year.
- SYNX earnings of -$2.71M is not sufficient to cover its interest payments.
SYNX Trading Indicators
How is SYNX performing as a company?
Last year, SYNX revenue was $7.63M. Over the last 2 year, SYNX's revenue has gone up by -10.74% per year. This was slower than the Consumer Electronics industry average of 7.88%.
You can analyze SYNX's earnings and revenue performance here.
What are SYNX insiders up to?
Over the past 12 months, insiders at SYNX have not bought or sold any shares.
Get more info about who owns SYNX shares here.
Does SYNX provide a stable income stream?
No, Silynxcom doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your SYNX purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, place a limit order.
Click the Open button and eToro will place your order.
If you need more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your SYNX position
Now that you own some SYNX shares, you'll want to keep up with your investment.
Make a watchlist to monitor your SYNX stock.
SYNX Feed
No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.
How to Buy Stock in Silynxcom
To summarize, here are the 6 steps to buy Silynxcom stock:
- Figure out where to buy Silynxcom stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Silynxcom stock
- Place your SYNX purchase
- Monitor your SYNX position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Silynxcom, get started below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.