Is QuickLogic Corporation (QUIK) a Keeper?

QuickLogic Corporation (NASDAQ:QUIK) went up by 13.13% from its latest closing price compared to the recent 1-year high of $12.49. The company’s stock price has collected 63.80% of gains in the last five trading sessions. Press Release reported on 02/18/21 that QuickLogic’s Amazon-Qualified Reference Design Brings Alexa to Hearables

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Is It Worth Investing in QuickLogic Corporation (NASDAQ :QUIK) Right Now?

Plus, the 36-month beta value for QUIK is at 2.54. Opinions of the stock are interesting as 2 analysts out of 3 who provided ratings for QuickLogic Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $7.67, which is -$1.29 below the current price. QUIK currently public float of 10.84M and currently shorts hold a 0.37% ratio of that float. Today, the average trading volume of QUIK was 411.01K shares.

QUIK’s Market Performance

QUIK stocks went up by 63.80% for the week, with a monthly jump of 95.63% and a quarterly performance of 200.67%, while its annual performance rate touched 63.21%. The volatility ratio for the week stands at 33.19% while the volatility levels for the past 30 days are set at 13.77% for QuickLogic Corporation. The simple moving average for the period of the last 20 days is 83.51% for QUIK stocks with a simple moving average of 141.26% for the last 200 days.

Analysts’ Opinion of QUIK

ROTH Capital, on the other hand, stated in their research note that they expect to see QUIK reach a price target of $2.50, previously predicting the price at $2. The rating they have provided for QUIK stocks is “Buy” according to the report published on January 19th, 2018.

QUIK Trading at 113.80% from the 50-Day Moving Average

After a stumble in the market that brought QUIK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.26% of loss for the given period.

Volatility was left at 13.77%, however, over the last 30 days, the volatility rate increased by 33.19%, as shares surge +93.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +177.40% upper at present.

During the last 5 trading sessions, QUIK rose by +63.80%, which changed the moving average for the period of 200-days by +95.63% in comparison to the 20-day moving average, which settled at $5.10. In addition, QuickLogic Corporation saw 136.41% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at QUIK starting from PEASE ANDREW J, who sale 1,813 shares at the price of $3.82 back on Dec 30. After this action, PEASE ANDREW J now owns 5,476 shares of QuickLogic Corporation, valued at $6,917 using the latest closing price.

PEASE ANDREW J, the Director of QuickLogic Corporation, sale 2,660 shares at $3.70 during a trade that took place back on Dec 29, which means that PEASE ANDREW J is holding 7,289 shares at $9,855 based on the most recent closing price.

Stock Fundamentals for QUIK

Current profitability levels for the company are sitting at:

  • -106.66 for the present operating margin
  • +49.20 for the gross margin

The net margin for QuickLogic Corporation stands at -129.15. The total capital return value is set at -29.86, while invested capital returns managed to touch -73.65. Equity return is now at value -83.60, with -33.40 for asset returns.

Based on QuickLogic Corporation (QUIK), the company’s capital structure generated 144.74 points at debt to equity in total, while total debt to capital is 59.14. Total debt to assets is 54.96, with long-term debt to equity ratio resting at 19.13. Finally, the long-term debt to capital ratio is 7.82.

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When we switch over and look at the enterprise to sales, we see a ratio of 3.75, with the company’s debt to enterprise value settled at 0.56. The receivables turnover for the company is 4.69 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.

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