Interlink Electronics (NASDAQ:LINK) Raised to Buy at Wall Street Zen

Interlink Electronics (NASDAQ:LINK) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Other analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Interlink Electronics in a report on Wednesday, October 8th. Lake Street Capital lifted their price objective on shares of Interlink Electronics from $6.67 to $8.67 and gave the stock a “buy” rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $8.67.

Interlink Electronics Stock Down 13.9%

Shares of Interlink Electronics stock opened at $3.58 on Friday. Interlink Electronics has a twelve month low of $2.94 and a twelve month high of $10.10. The business has a 50-day moving average price of $6.24 and a 200-day moving average price of $5.25. The firm has a market cap of $56.31 million and a price-to-earnings ratio of -178.75.

Interlink Electronics (NASDAQ:LINK) last posted its earnings results on Wednesday, November 12th. The technology company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). The firm had revenue of $2.96 million during the quarter, compared to analysts’ expectations of $3.10 million.

Institutional Investors Weigh In On Interlink Electronics

Several hedge funds and other institutional investors have recently made changes to their positions in LINK. CreativeOne Wealth LLC bought a new stake in shares of Interlink Electronics in the 3rd quarter worth about $510,000. Bartlett & CO. Wealth Management LLC purchased a new stake in Interlink Electronics in the 3rd quarter worth about $61,000. Finally, Wexford Capital LP purchased a new stake in Interlink Electronics in the 3rd quarter worth about $38,000.

About Interlink Electronics

Interlink Electronics, Inc, together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, firmware, and software into sensor-based products and custom sensor system solutions in the United States, Asia, the Middle East, Europe, and internationally.