QuickLogic Corporation (QUIK) was among the biggest gainers on the Russell 2000 for Friday February 19 as the stock popped 9.09% to $1.56, representing a gain of $0.13 per share. Some 298,860 shares traded hands on 452 trades, compared with an average daily volume of 149,420 shares out of a total float of 56.6 million. The stock opened at $1.44 and traded with an intraday range of $1.58 to $1.43.
After today's gains, QuickLogic Corporation reached a market cap of $88.3 million. QuickLogic Corporation has had a trading range between $2.18 and $0.95 over the last year, and it had a 50-day SMA of $1.24 and a 200-day SMA of $1.44.
Quicklogic Corp develops and markets low power customizable semiconductor solutions that enable customers to add new features, extend battery life, and improve the visual experience with their mobile, consumer & enterprise products.
QuickLogic Corporation is based out of Sunnyvale, CA and has some 98 employees. Its CEO is Andrew J. Pease.
For a complete fundamental analysis analysis of QuickLogic Corporation, check out Equities.com’s Stock Valuation Analysis report for QUIK. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.