Quicklogic Corp [QUIK] stock is trading at $8.25, up 13.79%. 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 11.79% over the last week, with a monthly amount drifted -9.74%, and not 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 [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 $8.25 at the most recent close of the market. An investor can expect a potential return of 57.58% 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 of1.06.
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 7.59 points at the first support level, and at 6.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.65, and for the 2nd resistance point, it is at 9.06.
Ratios To Look Out For
For context, Quicklogic Corp’s Current Ratio is 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 5.72, the price to book ratio is 5.80.
Transactions by insiders
Recent insider trading involved Nader Elias, CFO, SVP FINANCE, that happened on Feb 12 ’25 when 2843.0 shares were sold. PRESIDENT AND CEO, Faith Brian C completed a deal on Dec 05 ’24 to sell 21402.0 shares. Meanwhile, CFO, SVP FINANCE Nader Elias sold 8711.0 shares on Dec 05 ’24.
