Silicom Ltd (SILC, Financial) experienced a notable stock movement with a 5.35% increase in its share price, reaching $15.94. The trading volume hit 17,795 shares, with a turnover rate of 0.29% and a price fluctuation of 8.39%.
The latest financial report reveals that Silicom Ltd generated $14.76 million in revenue but faced a net loss of $2.63 million, resulting in an earnings per share (EPS) of -$0.44 and a gross profit of $4.16 million. The company's price-to-earnings (P/E) ratio stands at -2.44. Currently, no institutional ratings are available for buy, hold, or sell recommendations.
Within the telecommunications sector, where Silicom operates, the overall growth was 0.52%. Silicom Ltd designs and manufactures network and data infrastructure solutions for servers and communication devices, primarily serving the North American market, with additional operations in Europe and Asia-Pacific.
