Interlink Electronics (NASDAQ:LINK) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Interlink Electronics, Inc. (NASDAQ:LINK) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.27 and traded as low as $6.46. Interlink Electronics shares last traded at $6.64, with a volume of 15,383 shares changing hands.

Interlink Electronics Price Performance

The company has a market capitalization of $43.04 million, a PE ratio of 73.78 and a beta of 0.93. The business’s 50 day simple moving average is $7.27 and its 200 day simple moving average is $5.75.

Institutional Trading of Interlink Electronics

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. IHT Wealth Management LLC grew its stake in shares of 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. Sequoia Financial Advisors LLC acquired a new position in Interlink Electronics in the 4th quarter valued at about $177,000. Finally, Geode Capital Management LLC increased its stake in Interlink Electronics by 35.2% during the fourth quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock worth $259,000 after purchasing an additional 10,827 shares during the period. Hedge funds and other institutional investors own 0.44% of the company’s stock.

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.