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 December 26, 2024, SILC stock price declined to $16.29 with 20,464 million shares trading.

SILC has a beta of 0.71, meaning it tends to be less sensitive to market movements. SILC has a correlation of 0.04 to the broad based SPY ETF.

SILC has a market cap of $99.35 million. This is considered a Micro Cap stock.

Last quarter Silicom - reported $15 million in Revenue and -$.28 earnings per share. This beat revenue expectation by $236,000 and exceeded earnings estimates by $.04.

In the last 3 years, SILC traded as high as $52.75 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 return of -8.2%, while SPY returned +28.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SILC shares. However, SILC has outperformed the market in the last 3 month and 2 week periods, returning +24.0% and +15.6%, while SPY returned +5.6% and +0.1%, respectively. This indicates SILC has been having a stronger performance recently.

SILC support price is $15.78 and resistance is $17.26 (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.