Interlink Electronics (NASDAQ:LINK) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Interlink Electronics, Inc. (NASDAQ:LINK)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.27 and traded as low as $6.46. Interlink Electronics shares last traded at $6.64, with a volume of 15,383 shares changing hands.

Interlink Electronics Stock Performance

The business’s 50 day simple moving average is $7.27 and its 200-day simple moving average is $5.74. The stock has a market capitalization of $43.04 million, a price-to-earnings ratio of 73.78 and a beta of 0.93.

Hedge Funds Weigh In On Interlink Electronics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LINK. IHT Wealth Management LLC raised its stake in Interlink Electronics by 46.0% during the 3rd quarter. IHT Wealth Management LLC now owns 24,462 shares of the technology company’s stock valued at $89,000 after acquiring an additional 7,706 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Interlink Electronics during the fourth quarter valued at about $177,000. Finally, Geode Capital Management LLC raised its stake in shares of Interlink Electronics by 35.2% during the fourth 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. 0.44% of the stock is owned by institutional investors.

About Interlink Electronics

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.