Interlink Electronics (NASDAQ:LINK) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Interlink Electronics, Inc. (NASDAQ:LINK)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 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.

Interlink Electronics Stock Performance

The company’s 50-day moving average price is $6.18 and its two-hundred day moving average price is $4.84. The stock has a market cap of $54.64 million, a PE ratio of 93.67 and a beta of 0.93.

Institutional Investors Weigh In On Interlink Electronics

An institutional investor recently raised its position in Interlink Electronics stock. IHT Wealth Management LLC grew its position in shares of Interlink Electronics, Inc. (NASDAQ:LINK) by 46.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,462 shares of the technology company’s stock after purchasing an additional 7,706 shares during the quarter. IHT Wealth Management LLC owned approximately 0.38% of Interlink Electronics worth $89,000 as of its most recent SEC filing. Institutional investors own 0.44% of the company’s stock.

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.