QuickLogic Corporation (NASDAQ:QUIK) stock is dropping on Thursday after the fabless semiconductor company guided for weakness in its second quarter. QuickLogic Corporation (NASDAQ:QUIK) shares after opening at $4.03 moved to $4.03 on last trade day and at the end of the day closed at $3.77 . Company price to sales ratio in past twelve months was calculated as 7.93 and price to cash ratio as 5.53. QuickLogic Corporation (NASDAQ:QUIK) showed a negative weekly performance of -26.65%.
QLogic Corporation (NASDAQ:QLGC)a leading supplier of high performance network infrastructure solutions, announced its financial results for the fourth quarter and fiscal year ended March 30, 2014. QLogic Corporation (NASDAQ:QLGC) shares fell -7.17% in last trading session and ended the day on $10.75. QLGC return on equity ratio is recorded as 8.10% and its return on assets is 7.20%. QLogic Corporation (NASDAQ:QLGC) yearly performance is 3.46%.
Semiconductor manufacturer Anadigics, Inc. (NASDAQ:ANAD) reported relatively modest first-quarter 2014 results with a balanced sales mix, efficient production and stringent cost-cutting initiatives. The company incurred an adjusted net loss of $9.6 million or 11 cents per share in the reported quarter, narrower than the loss of $14.8 million or 20 cents per share in the year-ago quarter. The adjusted loss was narrower than the Zacks Consensus Estimate of a loss of 12 cents. ANADIGICS, Inc. (NASDAQ:ANAD) shares moved down -9.60% in last trading session and was closed at $1.13 while trading in range of $1.12 – $1.33 – ANADIGICS, Inc. (NASDAQ:ANAD) year to date (YTD) performance is -38.59%.
Oplink Communications, Inc. (NASDAQ:OPLK) a leading provider of optical communication components, intelligent modules and subsystems, issued a press released reporting financial results for its third quarter of fiscal year 2014, ended March 30, 2014, on April 30, 2014. Oplink Communications, Inc (NASDAQ:OPLK) weekly performance is -13.09%. On last trading day company shares ended up $15.01. Oplink Communications, Inc (NASDAQ:OPLK) distance from 50-day simple moving average (SMA50) is -14.06%. Analysts mean target price for the company is $24.19.