Interlink Electronics (NASDAQ:LINK) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Interlink Electronics, Inc. (NASDAQ:LINK)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.15 and traded as high as $7.34. Interlink Electronics shares last traded at $7.34, with a volume of 18,019 shares trading hands.

Interlink Electronics Stock Up 4.1 %

The stock has a market capitalization of $47.58 million, a price-to-earnings ratio of 81.56 and a beta of 0.93. The stock’s 50-day simple moving average is $7.15 and its 200 day simple moving average is $5.23.

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. Sequoia Financial Advisors LLC acquired a new position in Interlink Electronics in the fourth quarter valued at about $177,000. Geode Capital Management LLC boosted its position in Interlink Electronics by 35.2% in the fourth quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock valued at $259,000 after buying an additional 10,827 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its position in Interlink Electronics by 46.0% in the third quarter. IHT Wealth Management LLC now owns 24,462 shares of the technology company’s stock valued at $89,000 after buying an additional 7,706 shares in the last quarter. 0.44% of the stock is currently owned by institutional investors and hedge funds.

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.