Interlink Electronics (NASDAQ:LINK) Posts 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 (EPS) for the quarter, hitting the consensus estimate of ($0.02), Zacks reports. Interlink Electronics had a negative return on equity of 12.38% and a negative net margin of 8.95%.

Interlink Electronics Stock Performance

LINK stock traded down $0.03 during midday trading on Thursday, reaching $3.21. 4,316 shares of the company’s stock traded hands, compared to its average volume of 51,524. Interlink Electronics has a 52 week low of $2.66 and a 52 week high of $6.50. The firm has a market capitalization of $50.64 million and a PE ratio of -45.92. The company has a 50-day moving average price of $4.75 and a two-hundred day moving average price of $4.15.

Wall Street Analyst Weigh In

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