Interlink Electronics (NASDAQ:LINK) Shares Pass Below Fifty Day Moving Average – What’s Next?

Interlink Electronics, Inc. (NASDAQ:LINK) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.57 and traded as low as $5.75. Interlink Electronics shares last traded at $5.87, with a volume of 2,897 shares trading hands.

Interlink Electronics Price Performance

The company has a market capitalization of $38.02 million, a PE ratio of 65.17 and a beta of 0.93. The stock has a 50-day simple moving average of $6.57 and a 200 day simple moving average of $5.93.

Institutional Investors Weigh In On Interlink Electronics

Institutional investors and hedge funds have recently made changes to their positions in the business. IHT Wealth Management LLC raised its position in Interlink Electronics by 10.3% during the fourth quarter. IHT Wealth Management LLC now owns 26,978 shares of the technology company’s stock worth $168,000 after acquiring an additional 2,516 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Interlink Electronics during the 4th quarter worth approximately $177,000. Finally, Geode Capital Management LLC raised its position in shares of Interlink Electronics by 35.2% during the 4th 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 last quarter. 0.44% of the stock is currently owned by hedge funds and other institutional investors.

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.