Quicklogic Corp [QUIK] stock is trading at $9.41, up 20.03%. 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 16.32% over the last week, with a monthly amount glided 25.13%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Quicklogic Corp [NASDAQ: QUIK] stock has seen the most recent analyst activity on December 17, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $11.60. Previously, ROTH Capital upgraded its rating to Buy on May 19, 2021, and elevated its price target to $8. On August 15, 2019, Oppenheimer initiated with a Outperform rating. ROTH Capital reiterated its Buy rating and increased its price target to $2.50 on January 19, 2018. ROTH Capital upgraded its rating to a Buy. ROTH Capital downgraded its rating to Neutral for this stock on May 11, 2017. In a note dated February 06, 2017, Craig Hallum initiated an Buy rating.
Quicklogic Corp [QUIK] stock has fluctuated between $6.75 and $20.75 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Quicklogic Corp [NASDAQ: QUIK] shares were valued at $9.41 at the most recent close of the market. An investor can expect a potential return of 38.15% based on the average QUIK price forecast.
Analyzing the QUIK fundamentals
Quicklogic Corp [NASDAQ:QUIK] reported sales of 21.89M for the trailing twelve months, which represents a drop of -35.89%. 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 8.69 points at the first support level, and at 7.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.09, and for the 2nd resistance point, it is at 10.77.
Ratios To Look Out For
For context, Quicklogic Corp’s Current Ratio is 1.08. As well, the Quick Ratio is 1.02, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 6.42, the price to book ratio is 6.62.
Transactions by insiders
Recent insider trading involved Faith Brian C, PRESIDENT AND CEO, that happened on Dec 05 ’24 when 21402.0 shares were sold. CFO, SVP FINANCE, Nader Elias completed a deal on Dec 05 ’24 to sell 8711.0 shares. Meanwhile, SR. VP AND CTO SAXE TIMOTHY sold 10886.0 shares on Dec 05 ’24.
