TheStreet downgraded shares of Silicom (NASDAQ:SILC) from a b rating to a c+ rating in a research note issued to investors on Monday, TheStreetRatingsTable reports.
SILC opened at $43.65 on Monday. Silicom has a fifty-two week low of $29.24 and a fifty-two week high of $59.27. The firm has a market capitalization of $301.14 million, a PE ratio of 40.79 and a beta of 0.73. The company’s 50-day moving average is $43.27 and its 200 day moving average is $43.87.
Silicom (NASDAQ:SILC) last posted its earnings results on Thursday, July 29th. The technology company reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.08. Silicom had a net margin of 6.22% and a return on equity of 4.83%.
Silicom Company Profile
Silicom Ltd. engages in the provision of networking and data infrastructure solutions. The firm operates through the following geographical segments: North America, Europe, and Asia Pacific. Its products include server adapters, smart cards, bypass switches and intelligent bypass switches. The company was founded by Avi Eizenman, Yehuda Zisapel, and Zohar Zisapel in 1987 and is headquartered in Kfar Saba, Israel.
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