Interlink Electronics (NASDAQ:LINK) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Interlink Electronics, Inc. (NASDAQ:LINK) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.15 and traded as high as $7.34. Interlink Electronics shares last traded at $7.34, with a volume of 18,019 shares trading hands.

Interlink Electronics Price Performance

The business’s 50-day moving average price is $7.15 and its two-hundred day moving average price is $5.24. The company has a market capitalization of $47.58 million, a price-to-earnings ratio of 81.56 and a beta of 0.93.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. IHT Wealth Management LLC raised its position in Interlink Electronics by 46.0% during the third 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. Geode Capital Management LLC grew its stake in shares of Interlink Electronics by 35.2% in the fourth 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. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Interlink Electronics in the fourth quarter worth $177,000. 0.44% of the stock is currently owned by institutional investors and hedge funds.

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.