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Interlink Electronics (NASDAQ:LINK) Share Price Crosses Above 50 Day Moving Average - Here's What Happened

Interlink Electronics logo with Computer and Technology background

Shares of Interlink Electronics, Inc. (NASDAQ:LINK - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.18 and traded as high as $9.41. Interlink Electronics shares last traded at $8.43, with a volume of 34,531 shares traded.

Interlink Electronics Trading Down 6.3 %

The company has a market cap of $59.93 million, a PE ratio of 102.72 and a beta of 0.93. The firm's fifty day moving average is $6.43 and its 200 day moving average is $4.94.

Institutional Trading of Interlink Electronics

A hedge fund recently raised its stake in Interlink Electronics stock. IHT Wealth Management LLC grew its stake in Interlink Electronics, Inc. (NASDAQ:LINK - Free Report) by 46.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,462 shares of the technology company's stock after purchasing an additional 7,706 shares during the period. IHT Wealth Management LLC owned approximately 0.38% of Interlink Electronics worth $89,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.44% of the company's stock.

Interlink Electronics Company Profile

(Get Free Report)

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.

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