Interlink Electronics (LINK) Projected to Post Quarterly Earnings on Wednesday

Interlink Electronics (NASDAQ:LINK) is anticipated to post its results before the market opens on Wednesday, April 1st. Analysts expect Interlink Electronics to post earnings of ($0.0333) per share and revenue of $3.20 million for the quarter.

Interlink Electronics Price Performance

NASDAQ:LINK opened at $3.13 on Wednesday. The firm has a market capitalization of $49.30 million and a P/E ratio of -156.50. The business has a 50 day simple moving average of $3.36 and a 200 day simple moving average of $4.68. Interlink Electronics has a 12-month low of $2.76 and a 12-month high of $10.10.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LINK. Weiss Ratings reiterated a “sell (d-)” rating on shares of Interlink Electronics in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Interlink Electronics from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Interlink Electronics currently has a consensus rating of “Hold” and an average price target of $8.67.

Hedge Funds Weigh In On Interlink Electronics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LINK. Wexford Capital LP acquired a new stake in Interlink Electronics in the 3rd quarter valued at approximately $38,000. XTX Topco Ltd acquired a new position in Interlink Electronics during the 4th quarter worth $40,000. Equitable Holdings Inc. acquired a new position in Interlink Electronics during the 4th quarter worth $42,000. State Street Corp bought a new position in shares of Interlink Electronics in the fourth quarter worth $49,000. Finally, IHT Wealth Management LLC grew its stake in shares of Interlink Electronics by 65.7% in the fourth quarter. IHT Wealth Management LLC now owns 46,741 shares of the technology company’s stock worth $181,000 after purchasing an additional 18,527 shares in the last quarter.

Interlink Electronics Company Profile

Interlink Electronics, Inc is a California-based company specializing in the design, development and manufacture of human interface technologies. The company’s core focus is on force-sensing and touch-sensitive solutions that enable intuitive control and feedback in electronic devices. Interlink holds proprietary intellectual property in the field of force-sensing resistors (FSRs) and related sensor technologies, giving it a distinct position in the market for tactile input components.

Interlink’s product portfolio includes thin-film force-sensing resistors, membrane keypads, touchpads and programmable touch-feedback modules.