Linkers Industries (NASDAQ:LNKS) Trading Up 5% – What’s Next?

Linkers Industries Limited (NASDAQ:LNKS)’s stock price shot up 5% during trading on Wednesday . The stock traded as high as $0.51 and last traded at $0.51. 70,167 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 490,975 shares. The stock had previously closed at $0.48.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Linkers Industries in a research note on Wednesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Linkers Industries has an average rating of “Sell”.

Linkers Industries Stock Up 5.0%

The company has a 50 day moving average of $0.52 and a 200 day moving average of $0.56.

Linkers Industries Company Profile

Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.