Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $10.68 in the prior trading day, Quicklogic Corp (NASDAQ: QUIK) closed at $9.24, down -13.48%. In other words, the price has decreased by -$13.48 from its previous closing price. On the day, 0.54 million shares were traded. QUIK stock price reached its highest trading level at $10.56 during the session, while it also had its lowest trading level at $8.85.
Ratios:
Our goal is to gain a better understanding of QUIK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on December 17, 2024, initiated with a Outperform rating and assigned the stock a target price of $11.60.
On May 19, 2021, ROTH Capital Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $7 to $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 05 ’24 when Faith Brian C sold 21,402 shares for $7.39 per share. The transaction valued at 158,079 led to the insider holds 193,584 shares of the business.
Nader Elias sold 8,711 shares of QUIK for $64,339 on Dec 05 ’24. The CFO, SVP FINANCE now owns 60,955 shares after completing the transaction at $7.39 per share. On Dec 05 ’24, another insider, SAXE TIMOTHY, who serves as the SR. VP AND CTO of the company, sold 10,886 shares for $7.39 each. As a result, the insider received 80,425 and left with 117,609 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QUIK now has a Market Capitalization of 136302016 and an Enterprise Value of 137352288. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.41 while its Price-to-Book (P/B) ratio in mrq is 6.50. Its current Enterprise Value per Revenue stands at 6.276 whereas that against EBITDA is 89.19.
Stock Price History:
Over the past 52 weeks, QUIK has reached a high of $20.75, while it has fallen to a 52-week low of $6.75. The 50-Day Moving Average of the stock is 10.63%, while the 200-Day Moving Average is calculated to be -8.63%.
Shares Statistics:
The stock has traded on average 202.79K shares per day over the past 3-months and 511010 shares per day over the last 10 days, according to various share statistics. A total of 14.70M shares are outstanding, with a floating share count of 13.88M. Insiders hold about 8.50% of the company’s shares, while institutions hold 29.08% stake in the company. Shares short for QUIK as of 1734048000 were 1588852 with a Short Ratio of 7.83, compared to 1731628800 on 1598020. Therefore, it implies a Short% of Shares Outstanding of 1588852 and a Short% of Float of 11.1499995.
