Media coverage about QuickLogic (NASDAQ:QUIK) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QuickLogic earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 46.0557105349562 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
Several equities research analysts have recently issued reports on the company. ValuEngine cut QuickLogic from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. Roth Capital reaffirmed a “buy” rating and issued a $2.50 target price (up from $2.00) on shares of QuickLogic in a report on Friday, January 19th. Finally, Zacks Investment Research cut QuickLogic from a “buy” rating to a “hold” rating and set a $2.00 target price on the stock. in a report on Thursday, January 4th.
Shares of QUIK stock traded up $0.09 during trading hours on Wednesday, hitting $1.62. The stock had a trading volume of 155,127 shares, compared to its average volume of 267,222. QuickLogic has a one year low of $1.15 and a one year high of $2.22. The company has a current ratio of 2.35, a quick ratio of 1.97 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $115.22, a price-to-earnings ratio of -9.00 and a beta of 0.37.
QuickLogic (NASDAQ:QUIK) last issued its quarterly earnings data on Wednesday, February 14th. The semiconductor company reported ($0.04) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.04). QuickLogic had a negative return on equity of 71.11% and a negative net margin of 116.31%. The company had revenue of $2.98 million for the quarter, compared to analysts’ expectations of $3.00 million. During the same period in the previous year, the firm posted ($0.05) earnings per share. research analysts predict that QuickLogic will post -0.13 EPS for the current fiscal year.
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QuickLogic Corporation, a fabless semiconductor company, designs, markets, and supports silicon solutions for smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). It delivers these solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences.
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