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

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

Interlink Electronics Stock Performance

LINK opened at $3.13 on Wednesday. The company has a market capitalization of $49.30 million and a P/E ratio of -156.50. The company has a 50-day moving average of $3.36 and a 200-day moving average of $4.68. Interlink Electronics has a 1-year low of $2.76 and a 1-year high of $10.10.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Wexford Capital LP bought a new stake in shares of Interlink Electronics during the 3rd quarter valued at about $38,000. XTX Topco Ltd bought a new position in Interlink Electronics in the fourth quarter worth about $40,000. Equitable Holdings Inc. bought a new position in Interlink Electronics in the fourth quarter worth about $42,000. State Street Corp acquired a new position in Interlink Electronics in the fourth quarter valued at approximately $49,000. Finally, IHT Wealth Management LLC boosted its stake in Interlink Electronics by 65.7% in the fourth quarter. IHT Wealth Management LLC now owns 46,741 shares of the technology company’s stock valued at $181,000 after acquiring an additional 18,527 shares during the period.

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.