Linkage Global Inc. (NASDAQ:LGCB) Sees Large Decrease in Short Interest

Linkage Global Inc. (NASDAQ:LGCB) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,683 shares, a drop of 20.8% from the February 26th total of 2,124 shares. Based on an average trading volume of 21,620 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Linkage Global in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Linkage Global Price Performance

Linkage Global stock traded down $0.01 during midday trading on Tuesday, reaching $1.50. The company had a trading volume of 366,519 shares, compared to its average volume of 24,498. The company has a current ratio of 5.08, a quick ratio of 5.08 and a debt-to-equity ratio of 0.06. Linkage Global has a 12-month low of $1.22 and a 12-month high of $3.10. The firm’s fifty day simple moving average is $1.54 and its 200-day simple moving average is $1.79.

Linkage Global (NASDAQ:LGCB) last posted its quarterly earnings data on Friday, January 30th. The company reported ($0.18) EPS for the quarter. The business had revenue of $0.80 million during the quarter.

About Linkage Global

Linkage Global Inc, through its subsidiaries, operates as a cross-border e-commerce integrated services provider in Japan, Hong Kong, and Mainland China. It provides cross-border product sales; digital marketing services; and e-commerce operation training and software support services. Linkage Global Inc was founded in 2011 and is headquartered in Tokyo, Japan.