A share price of Quicklogic Corp [QUIK] is currently trading at $11.71, up 18.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The QUIK shares have gain 49.36% over the last week, with a monthly amount glided 51.29%, and seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year 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 $11.71 at the most recent close of the market. An investor can expect a potential return of 11.02% based on the average QUIK price forecast.
Analyzing the QUIK fundamentals
Trailing Twelve Months sales for Quicklogic Corp [NASDAQ:QUIK] were 21.89M which represents -35.89% decline. 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 9.75 points at the first support level, and at 7.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.51, and for the 2nd resistance point, it is at 15.32.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Quicklogic Corp [NASDAQ:QUIK] is 1.08. In addition, the Quick Ratio stands at 1.02 and the Cash Ratio stands at 0.83. Considering the valuation of this stock, the price to sales ratio is 7.86, the price to book ratio is 8.24.
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.
