QuickLogic (NASDAQ:QUIK) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• QuickLogic's stock crossed above its 200‑day moving average
• Analyst coverage is mixed — two Buys, one Hold and one Sell — producing a consensus Hold and an average price target of $10.50 (Lake Street initiated a Buy at $10; Weiss Ratings reiterated a Sell).
• Fundamentals remain weak: the company reported a loss (latest EPS -$0.17, missed estimates), has negative margins and ROE, a market cap of about $175M, but low debt (debt/equity 0.04) and roughly 31.5% institutional ownership.

QuickLogic Corporation (NASDAQ:QUIK - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.28 and traded as high as $10.37. QuickLogic shares last traded at $9.90, with a volume of 175,699 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on QUIK. Lake Street Capital initiated coverage on shares of QuickLogic in a research note on Monday, February 9th. They set a "buy" rating and a $10.00 price target on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of QuickLogic in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $10.50.

QuickLogic Stock Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a 50 day simple moving average of $8.40 and a two-hundred day simple moving average of $7.28. The company has a market cap of $175.43 million, a PE ratio of -11.00 and a beta of 0.59.

QuickLogic (NASDAQ:QUIK - Get Free Report) last released its earnings results on Tuesday, March 3rd. The semiconductor company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.06). The company had revenue of $3.73 million during the quarter, compared to analyst estimates of $3.50 million. QuickLogic had a negative net margin of 107.70% and a negative return on equity of 47.54%. Equities analysts predict that QuickLogic Corporation will post -0.29 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Prospera Financial Services Inc increased its holdings in shares of QuickLogic by 8.9% in the third quarter. Prospera Financial Services Inc now owns 17,050 shares of the semiconductor company's stock valued at $103,000 after purchasing an additional 1,400 shares during the period. Captrust Financial Advisors increased its holdings in shares of QuickLogic by 4.5% in the fourth quarter. Captrust Financial Advisors now owns 35,618 shares of the semiconductor company's stock valued at $214,000 after purchasing an additional 1,547 shares during the period. Perkins Capital Management Inc. increased its holdings in shares of QuickLogic by 1.0% in the third quarter. Perkins Capital Management Inc. now owns 204,956 shares of the semiconductor company's stock valued at $1,242,000 after purchasing an additional 2,000 shares during the period. State Street Corp grew its holdings in QuickLogic by 5.0% during the fourth quarter. State Street Corp now owns 65,056 shares of the semiconductor company's stock worth $391,000 after acquiring an additional 3,100 shares during the period. Finally, Tower Research Capital LLC TRC grew its holdings in QuickLogic by 246.5% during the second quarter. Tower Research Capital LLC TRC now owns 6,891 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 4,902 shares during the period. Institutional investors and hedge funds own 31.54% of the company's stock.

QuickLogic Company Profile

QuickLogic Corporation NASDAQ: QUIK is a fabless semiconductor company that specializes in ultra-low power, multi-core sensor processing System-on-Chip (SoC) solutions and embedded field programmable gate array (eFPGA) intellectual property. The company's products are designed to enable always-on, voice-activated, and vision-driven applications at the edge, delivering a balance of performance, flexibility, and power efficiency. QuickLogic's technology is often deployed in consumer, mobile, and industrial IoT devices, where minimizing energy consumption is critical.

Among QuickLogic's key offerings is the EOS™ family of sensor processing SoCs, which integrate ARM Cortex-M cores alongside proprietary sensor fusion and neural network engines, coupled with customizable FPGA fabric.

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