Interlink Electronics, Inc. (NASDAQ:LINK – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 26,955 shares, a drop of 38.1% from the September 30th total of 43,556 shares. Based on an average trading volume of 32,567 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.8% of the shares of the company are sold short.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Interlink Electronics in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Interlink Electronics has an average rating of “Sell”.
Read Our Latest Analysis on LINK
Interlink Electronics Stock Down 0.8%
Shares of LINK traded down $0.03 during trading hours on Monday, hitting $3.76. 18,581 shares of the company were exchanged, compared to its average volume of 52,625. Interlink Electronics has a fifty-two week low of $2.66 and a fifty-two week high of $6.50. The company has a market cap of $59.23 million and a price-to-earnings ratio of -53.71. The firm’s fifty day moving average is $5.06 and its 200 day moving average is $4.17.
Interlink Electronics (NASDAQ:LINK – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The technology company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.05. Interlink Electronics had a negative return on equity of 12.38% and a negative net margin of 8.95%. The business had revenue of $3.77 million during the quarter, compared to the consensus estimate of $3.10 million.
About Interlink Electronics
Interlink Electronics, Inc develops and supplies human-machine interface and sensor technologies that enable users and equipment to detect touch, force, pressure, and other forms of physical interaction. Its products are designed to connect people with electronic systems and are used in applications that require compact, reliable, and customizable sensing solutions.
The company’s offerings include force-sensing resistors, touch and pressure sensors, sensor arrays, control panels, and related interface components.
See Also
- Five stocks we like better than Interlink Electronics
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Interlink Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interlink Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
