Silicom Ltd. (SILC) Shares Down 2.4%
Shares of Silicom Ltd. (NASDAQ:SILC) were down 2.4% during mid-day trading on Friday . The stock traded as low as $30.87 and last traded at $30.90, with a volume of 51,174 shares changing hands. The stock had previously closed at $31.67.
The stock’s 50 day moving average is $29.10 and its 200 day moving average is $29.49. The company has a market cap of $228.36 million and a price-to-earnings ratio of 14.97.
Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server based systems and communications devices. The Company’s products include server network interface cards with and without bypass (Server Adapters); intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features (Smart Adapters); stand-alone bypass switches (Mostly Intelligent Bypass Switches), and Server To Appliance Converter (SETAC) product family, a solution that provides standard servers to be configured as network appliances with front networking ports, including Switched SETAC.
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