Quicklogic Corp [QUIK] stock is trading at $15.36, up 7.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The QUIK shares have gain 30.43% over the last week, with a monthly amount drifted -4.15%, and not 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 [QUIK] stock has fluctuated between $5.09 and $20.75 over the past year. Quicklogic Corp [NASDAQ: QUIK] shares were valued at $15.36 at the most recent close of the market.
Analyzing the QUIK fundamentals
Quicklogic Corp [NASDAQ:QUIK] reported sales of 21.20M for the trailing twelve months, which represents a growth of 83.13%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.28.
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 14.46 points at the first support level, and at 13.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.08, and for the 2nd resistance point, it is at 16.79.
Quicklogic Corp [QUIK] reported earnings per share of $0.18 for its fiscal quarter that ended on 12/31/2023. 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 9/30/2023 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
For context, Quicklogic Corp’s Current Ratio is 1.16. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 10.42, the price to book ratio is 12.84.
Transactions by insiders
Recent insider trading involved Faith Brian C, PRESIDENT AND CEO, that happened on Apr 02 ’24 when 2810.0 shares were sold. CFO, SVP FINANCE, Nader Elias completed a deal on Apr 02 ’24 to sell 2474.0 shares. Meanwhile, SR. VP AND CTO SAXE TIMOTHY sold 1974.0 shares on Apr 02 ’24.
