Silvaco Group Inc. (SVCO) – it’s time to buy. Check out key Indicators

Stocks of Silvaco Group Inc. (NASDAQ:SVCO) traded higher last session on Wall Street, up 2.86% to $17.61.

SVCO stock price is now -3.90% away from the 50-day moving average and -3.90% away from the 200-day moving average. The market capitalization of the company currently stands at $502.41M.

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With the price target of $26, B. Riley Securities recently initiated with Buy rating for Silvaco Group Inc. (NASDAQ: SVCO). On June 04, 2024, Craig Hallum recently initiated its ‘Buy’ rating on the stock quoting a target price of $25, while ‘TD Cowen’ rates the stock as ‘Buy’

A total of 73.32% of the company’s stock is owned by insiders.

During the past 12 months, Silvaco Group Inc. has had a low of $15.81 and a high of $21.59. The fifty day moving average price for SVCO is $18.3 and a two-hundred day moving average price translates $18.3 for the stock.

The latest earnings results from Silvaco Group Inc. (NASDAQ: SVCO) was released for 2023-12-31.

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