As on February 18, 2021, QuickLogic Corporation (NASDAQ: QUIK) got off with the flyer as it spiked 10.46% to $7.92. During the day, the stock rose to $12.49 and sunk to $7.58 before settling in for the price of $7.17 at the close. Taking a more long-term approach, QUIK posted a 52-week range of $2.12-$8.17.
The Technology Sector giants’ yearly sales growth during the last 5-year period was -18.00%. Meanwhile, its Annual Earning per share during the time was 9.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.90%. This publicly-traded company’s shares outstanding now amounts to $11.02 million, simultaneously with a float of $10.84 million. The organization now has a market capitalization sitting at $68.03 million. At the time of writing, stock’s 50-day Moving Average stood at $4.19, while the 200-day Moving Average is $3.71.
Let’s gauge the efficiency of the firm, which has a total of 81 employees. It has generated 127,284 per worker during the last fiscal year. Meanwhile, its income per employee was -190,667. The stock had 4.91 Receivables turnover and 0.30 Total Asset turnover. For the Profitability, stocks gross margin was +57.27, operating margin was -147.96 and Pretax Margin of -150.57.
QuickLogic Corporation (QUIK) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. QuickLogic Corporation’s current insider ownership accounts for 1.10%, in contrast to 24.80% institutional ownership. According to the most recent insider trade that took place on Dec 30, this organization’s Director sold 1,813 shares at the rate of 3.82, making the entire transaction reach 6,917 in total value, affecting insider ownership by 5,476. Preceding that transaction, on Dec 29, Company’s Director sold 2,660 for 3.70, making the whole transaction’s value amount to 9,855. This particular insider is now the holder of 7,289 in total.
QuickLogic Corporation (QUIK) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2020, the company posted -$0.15 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.13) by -$0.02. This company achieved a net margin of -149.80 while generating a return on equity of -99.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
QuickLogic Corporation’s EPS increase for this current 12-month fiscal period is 6.90% and is forecasted to reach -0.25 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the 9.40% growth it accomplished over the previous five years trading on the market.
QuickLogic Corporation (NASDAQ: QUIK) Trading Performance Indicators
Let’s observe the current performance indicators for QuickLogic Corporation (QUIK). It’s Quick Ratio in the last reported quarter now stands at 1.40. The Stock has managed to achieve an average true range (ATR) of 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.56.
In the same vein, QUIK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.28, a figure that is expected to reach -0.13 in the next quarter, and analysts are predicting that it will be -0.25 at the market close of one year from today.
Technical Analysis of QuickLogic Corporation (QUIK)
Through scrutinizing the latest numbers posted by the [QuickLogic Corporation, QUIK], it can be observed that its last 5-days Average volume of 3.49 million was better the volume of 0.63 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 64.99% While, its Average True Range was 1.21.
Raw Stochastic average of QuickLogic Corporation (QUIK) in the period of the previous 100 days is set at 54.16%, which indicates a major rise in contrast to 48.42% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 121.96% that was higher than 86.50% volatility it exhibited in the past 100-days period.