Quicklogic Corp [NASDAQ: QUIK] traded at a high on Wednesday, posting a 1.69 gain after which it closed the day’ session at $6.00.
The results of the trading session contributed to over 118119 shares changing hands. Over the past one week, the price volatility of Quicklogic Corp stands at 3.50% while the volatility over the past one month is 4.40%.
The market cap for QUIK stock reached $95.01 million, with 15.82 million shares outstanding and 14.42 million shares in the current float. Compared to the average trading volume of 135.43K shares, QUIK reached a trading volume of 118119 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Quicklogic Corp [QUIK]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for QUIK shares is $9.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on QUIK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Quicklogic Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 17, 2024. While these analysts kept the previous recommendation, ROTH Capital raised their target price from $7 to $8. The new note on the price target was released on May 19, 2021, representing the official price target for Quicklogic Corp stock. On January 19, 2018, analysts increased their price target for QUIK shares from 2 to 2.50.
The Average True Range (ATR) for Quicklogic Corp is set at 0.35, with the Price to Sales ratio for QUIK stock in the period of the last 12 months amounting to 5.16. The Price to Book ratio for the last quarter was 3.61, with the Price to Cash per share for the same quarter was set at 1.11.
How has QUIK stock performed recently?
Quicklogic Corp [QUIK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.80. With this latest performance, QUIK shares gained by 6.57% in over the last four-week period, additionally sinking by -22.58% over the last 6 months – not to mention a drop of -44.13% in the past year of trading.
Quicklogic Corp [QUIK]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Quicklogic Corp [QUIK] shares currently have an operating margin of -30.01% and a Gross Margin at 53.07%. Quicklogic Corp’s Net Margin is presently recorded at -33.32%.
Return on Equity for this stock declined to -11.96%, with Return on Assets sitting at -11.96%.
Insider trade positions for Quicklogic Corp [QUIK]
There are presently around $59.22%, or 64.85%% of QUIK stock, in the hands of institutional investors. The top three institutional holders of QUIK stocks are: BLACKROCK INC. with ownership of 0.82 million shares, which is approximately 5.6502%. VANGUARD GROUP INC, holding 0.7 million shares of the stock with an approximate value of $$7.31 million in QUIK stocks shares; and VANGUARD GROUP INC, currently with $$4.7 million in QUIK stock with ownership which is approximately 3.1453%.
