Press coverage about QuickLogic (NASDAQ:QUIK) has trended somewhat positive on Sunday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. QuickLogic earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 48.014621349765 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern’s analysis:
- QuickLogic reports in-line Q2, New Product growth (seekingalpha.com)
- QuickLogic Corporation (QUIK) CEO Brian Faith on Q2 2018 Results – Earnings Call Transcript (seekingalpha.com)
- QuickLogic’s (QUIK) Q2 Loss In Line, Revenues Improve Y/Y (finance.yahoo.com)
- QuickLogic Corporation to Host Earnings Call (finance.yahoo.com)
- QuickLogic Reports Fiscal 2018 Second Quarter Results (finance.yahoo.com)
Shares of NASDAQ QUIK traded down $0.05 during trading on Friday, reaching $1.10. 320,505 shares of the stock were exchanged, compared to its average volume of 154,597. QuickLogic has a twelve month low of $1.05 and a twelve month high of $2.22. The company has a current ratio of 1.96, a quick ratio of 1.59 and a debt-to-equity ratio of 0.02. The stock has a market cap of $108.70 million, a P/E ratio of -6.11 and a beta of 0.09.
QuickLogic (NASDAQ:QUIK) last posted its earnings results on Wednesday, August 8th. The semiconductor company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). QuickLogic had a negative net margin of 121.74% and a negative return on equity of 98.27%. The business had revenue of $3.12 million for the quarter, compared to analysts’ expectations of $3.10 million. During the same period in the previous year, the company posted ($0.05) earnings per share. research analysts expect that QuickLogic will post -0.14 EPS for the current fiscal year.
A number of research analysts have weighed in on QUIK shares. Zacks Investment Research raised shares of QuickLogic from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a research report on Friday, June 29th. ValuEngine raised shares of QuickLogic from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd.
QuickLogic Corporation, a semiconductor company, designs, markets, and supports silicon solutions for smartphones, wearable and hearable devices, tablets, and the Internet-of-Things. The company also provides Field Programmable Gate Arrays (FPGAs), software drivers, and associated design software and programming hardware, as well as eFPGA intellectual property (IP), such as ArcticPro and ArcticPro 2.
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