Interlink Electronics (NASDAQ:LINK) Shares Pass Below 50 Day Moving Average – Time to Sell?

Interlink Electronics, Inc. (NASDAQ:LINK) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.26 and traded as low as $5.92. Interlink Electronics shares last traded at $6.49, with a volume of 27,875 shares changing hands.

Interlink Electronics Stock Performance

The company has a market cap of $42.00 million, a price-to-earnings ratio of 72.00 and a beta of 0.93. The company has a fifty day moving average of $7.26 and a two-hundred day moving average of $5.64.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. IHT Wealth Management LLC lifted its holdings in Interlink Electronics by 46.0% during the 3rd quarter. IHT Wealth Management LLC now owns 24,462 shares of the technology company’s stock worth $89,000 after buying an additional 7,706 shares during the period. Sequoia Financial Advisors LLC acquired a new position in Interlink Electronics during the 4th quarter worth about $177,000. Finally, Geode Capital Management LLC lifted its holdings in Interlink Electronics by 35.2% during the 4th quarter. Geode Capital Management LLC now owns 41,621 shares of the technology company’s stock worth $259,000 after buying an additional 10,827 shares during the period. 0.44% of the stock is owned by institutional investors and hedge funds.

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.