VICR Stock Summary and Trading Ideas (Vicor | NASDAQ:VICR)

Vicor Corp manufactures and markets modular power components and complete power systems for converting electrical power. It provides modular power converters and configurable products, advanced power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a maximum of its revenue from the Asia Pacific.

Vicor trades on the NASDAQ stock market under the symbol VICR.

As of April 19, 2024, VICR stock price declined to $33.87 with 198,825 million shares trading.

VICR has a beta of 2.10, meaning it tends to be more sensitive to market movements. VICR has a correlation of 0.10 to the broad based SPY ETF.

VICR has a market cap of $1.47 billion. This is considered a Small Cap stock.

Last quarter Vicor reported $93 million in Revenue and $.19 earnings per share. This fell short of revenue expectation by $-14 million and missed earnings estimates by -$.13.

In the last 3 years, VICR stock traded as high as $164.76 and as low as $33.70.

The top ETF exchange traded funds that VICR belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

VICR has underperformed the market in the last year with a price return of -21.1% while the SPY ETF gained +21.2%. VICR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.2% and -8.8%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

VICR support price is $33.85 and resistance is $35.43 (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 VICR stock will trade within this expected range on the day.