SILC Stock Summary and Trading Ideas (Silicom - | NASDAQ:SILC)

Silicom Ltd designs and manufactures networking and data infrastructure solutions for various servers, server-based systems, and communications devices. Its product categories consist of Server Adapters; Edge Networking Solutions; FPGA Based Cards; x86 Open Appliances Bypass Switches and TAPs. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe and Asia-Pacific.

Silicom - trades on the NASDAQ stock market under the symbol SILC.

As of February 10, 2025, SILC stock price declined to $16.85 with 5,792 million shares trading.

SILC has a beta of 0.34, meaning it tends to be less sensitive to market movements. SILC has a correlation of 0.01 to the broad based SPY ETF.

SILC has a market cap of $102.77 million. This is considered a Micro Cap stock.

Last quarter Silicom - reported $14 million in Revenue and -$.58 earnings per share. This fell short of revenue expectation by $-139,000 and missed earnings estimates by -$.26.

In the last 3 years, SILC traded as high as $50.00 and as low as $11.35.

The top ETF exchange traded funds that SILC belongs to (by Net Assets): PRFZ.

SILC has underperformed the market in the last year with a price return of +6.8% while the SPY ETF gained +22.8%. However, in the short term, SILC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.7% vs +1.9% return in SPY. But in the last 2 weeks, SILC shares have been beat by the market, returning -3.0% compared to an SPY return of -0.5%.

SILC support price is $16.27 and resistance is $17.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SILC shares will trade within this expected range on the day.