At the time of writing, Quicklogic Corp [QUIK] stock is trading at $7.74, up 2.11%. 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 9.32% over the last week, with a monthly amount drifted -0.26%, 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.
For the past year, the stock price of Quicklogic Corp fluctuated between $6.75 and $20.75. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Quicklogic Corp [NASDAQ: QUIK] shares were valued at $7.74 at the most recent close of the market. An investor can expect a potential return of 67.96% based on the average QUIK price forecast.
Analyzing the QUIK fundamentals
According to Quicklogic Corp [NASDAQ:QUIK], the company’s sales were 21.89M for trailing twelve months, which represents an -35.89% plunge. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.
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 7.56 points at the first support level, and at 7.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.87, and for the 2nd resistance point, it is at 8.00.
Ratios To Look Out For
It is important to note that Quicklogic Corp [NASDAQ:QUIK] has a current ratio of 1.08. Further, the Quick Ratio stands at 1.02, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 5.20, the price to book ratio is 5.45.
Transactions by insiders
Recent insider trading involved SAXE TIMOTHY, SR. VP AND CTO, that happened on Nov 18 ’24 when 10000.0 shares were sold. PRESIDENT AND CEO, Faith Brian C completed a deal on Nov 18 ’24 to buy 1250.0 shares. Meanwhile, Officer TIMOTHY SAXE bought 10000.0 shares on Nov 18 ’24.
