Interlink Electronics (NASDAQ:LINK) Issues Quarterly Earnings Results, Hits Expectations

Interlink Electronics (NASDAQ:LINK) announced its quarterly earnings results on Thursday. The technology company reported ($0.02) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.02), Zacks reports. Interlink Electronics had a negative net margin of 8.95% and a negative return on equity of 12.38%.

Interlink Electronics Stock Down 5.4%

Shares of LINK traded down $0.17 during trading hours on Thursday, reaching $3.06. 21,957 shares of the company traded hands, compared to its average volume of 51,601. Interlink Electronics has a fifty-two week low of $2.66 and a fifty-two week high of $6.50. The stock has a fifty day simple moving average of $4.75 and a 200 day simple moving average of $4.15. The stock has a market capitalization of $48.27 million and a PE ratio of -43.78.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Interlink Electronics in a research note on Tuesday, September 8th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Interlink Electronics

Interlink Electronics, Inc. develops and supplies human-machine interface and sensor technologies that enable users and equipment to detect touch, force, pressure, and other forms of physical interaction. Its products are designed to connect people with electronic systems and are used in applications that require compact, reliable, and customizable sensing solutions. The company’s offerings include force-sensing resistors, touch and pressure sensors, sensor arrays, control panels, and related interface components.