Positive Press Coverage Somewhat Unlikely to Affect QuickLogic (QUIK) Share Price
News articles about QuickLogic (NASDAQ:QUIK) have been trending positive this week, Accern Sentiment Analysis reports. The research group rates 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 0.28 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 45.8273423393721 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of research firms have commented on QUIK. Roth Capital restated a “buy” rating and set a $2.50 price target (up from $2.00) on shares of QuickLogic in a research note on Friday, January 19th. Zacks Investment Research cut QuickLogic from a “buy” rating to a “hold” rating and set a $2.00 price target on the stock. in a research note on Thursday, January 4th.
QuickLogic (NASDAQ:QUIK) traded up $0.01 during trading hours on Monday, reaching $1.93. The company’s stock had a trading volume of 415,700 shares, compared to its average volume of 316,913. The company has a quick ratio of 2.27, a current ratio of 2.61 and a debt-to-equity ratio of 0.01. QuickLogic has a one year low of $1.15 and a one year high of $2.48. The firm has a market capitalization of $154.74, a PE ratio of -10.16 and a beta of 0.12.
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QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). The Company is a fabless semiconductor provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs).
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