QuickLogic Corp (NASDAQ: QUIK) has recently experienced significant negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted QuickLogic Corp (NASDAQ: QUIK): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, QUIK is expected to continue to be a major Value Builder.
QuickLogic has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. QuickLogic has a slightly negative Power Rating of 38 and a very low Appreciation Score of 14, resulting in the Lowest Value Trend Rating.
Recent Price Action
On 9/5/24, QuickLogic Corp (NASDAQ: QUIK) stock declined by -3.6%, closing at $7.31. However, below average trading volume at 70% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -15.0% during the last week.
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