Interlink Electronics Stock to Split on Wednesday, October 29th (NASDAQ:LINK)

Interlink Electronics, Inc. (NASDAQ:LINK)’s stock is scheduled to split on Wednesday, October 29th. The 1.5-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Tuesday, October 28th.

Interlink Electronics Stock Down 2.3%

Shares of Interlink Electronics stock opened at $9.60 on Friday. The stock has a market cap of $62.23 million, a price-to-earnings ratio of 106.67 and a beta of 0.93. Interlink Electronics has a twelve month low of $3.25 and a twelve month high of $15.15. The company’s fifty day moving average is $9.78 and its 200 day moving average is $7.46.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LINK shares. Wall Street Zen upgraded Interlink Electronics to a “buy” rating in a research report on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Interlink Electronics in a research note on Wednesday, October 8th. Finally, Lake Street Capital upped their price objective on shares of Interlink Electronics from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, September 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $13.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Interlink Electronics stock. Bartlett & CO. Wealth Management LLC purchased a new stake in Interlink Electronics, Inc. (NASDAQ:LINK) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,800 shares of the technology company’s stock, valued at approximately $61,000. Bartlett & CO. Wealth Management LLC owned approximately 0.07% of Interlink Electronics at the end of the most recent quarter. 0.44% of the stock is currently owned by hedge funds and other 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.