Interlink Electronics (NASDAQ:LINK) Shares Pass Below 50 Day Moving Average – Time to Sell?

Interlink Electronics, Inc. (NASDAQ:LINK)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.26 and traded as low as $5.92. Interlink Electronics shares last traded at $6.49, with a volume of 27,875 shares.

Interlink Electronics Trading Up 1.1 %

The stock has a 50 day simple moving average of $7.26 and a 200 day simple moving average of $5.64. The stock has a market cap of $42.00 million, a P/E ratio of 72.00 and a beta of 0.93.

Hedge Funds Weigh In On Interlink Electronics

A number of hedge funds have recently added to or reduced their stakes in the stock. IHT Wealth Management LLC boosted its holdings in shares of Interlink Electronics by 46.0% in the 3rd quarter. IHT Wealth Management LLC now owns 24,462 shares of the technology company’s stock valued at $89,000 after purchasing an additional 7,706 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Interlink Electronics in the 4th quarter valued at $177,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Interlink Electronics by 35.2% in the 4th quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock valued at $259,000 after purchasing an additional 10,827 shares in the last quarter. Institutional investors own 0.44% of the company’s stock.

Interlink Electronics Company Profile

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.