A share price of Quicklogic Corp [QUIK] is currently trading at $19.14, up 8.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QUIK shares have gain 13.79% over the last week, with a monthly amount glided 47.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Quicklogic Corp [NASDAQ: QUIK] stock has seen the most recent analyst activity on May 19, 2021, when ROTH Capital upgraded its rating to a Buy and also boosted its price target to $8 from $7. On January 19, 2018, ROTH Capital reiterated its Buy rating and revised its price target to $2.50 on the stock. ROTH Capital upgraded its rating to a Buy. ROTH Capital downgraded its rating to a Neutral. In a note dated December 03, 2013, The Benchmark Company initiated an Speculative Buy rating and provided a target price of $5.50 on this stock.
Quicklogic Corp experienced fluctuations in its stock price throughout the past year between $5.04 and $18.60. Quicklogic Corp [NASDAQ: QUIK] shares were valued at $19.14 at the most recent close of the market.
Analyzing the QUIK fundamentals
Trailing Twelve Months sales for Quicklogic Corp [NASDAQ:QUIK] were 21.20M which represents 83.13% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.84 points at the first support level, and at 16.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.59, and for the 2nd resistance point, it is at 22.05.
Quicklogic Corp [QUIK] reported earnings per share of $0.18 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.13/share, meaning a difference of $0.05 and a surprise factor of 38.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.13 per share as compared to estimates of $0.13 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Quicklogic Corp [NASDAQ:QUIK] is 1.17. As well, the Quick Ratio is 1.10, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 12.56, the price to book ratio is 15.99.
Transactions by insiders
Recent insider trading involved CHRISTINE RUSSELL, Director, that happened on Mar 05 ’24 when 4444.0 shares were sold. Director, TAUSS GARY H completed a deal on Mar 01 ’24 to sell 800.0 shares. Meanwhile, CFO, SVP FINANCE Nader Elias sold 2006.0 shares on Feb 15 ’24.
