Interlink Electronics (NASDAQ:LINK) Stock Price Expected to Rise, Lake Street Capital Analyst Says

Key Points

• Lake Street Capital has raised its price target for Interlink Electronics from $10.00 to $13.00, suggesting a potential upside of 39.48% from the current price.
• The stock's recent performance shows a rise to $9.32, with trading volume significantly lower than its average.
• Interlink Electronics specializes in designing and manufacturing force-sensing technologies used in various sensor-based products worldwide.

Interlink Electronics (NASDAQ:LINK - Get Free Report) had its price objective upped by research analysts at Lake Street Capital from $10.00 to $13.00 in a report released on Tuesday, Marketbeat Ratings reports. The firm currently has a "buy" rating on the technology company's stock. Lake Street Capital's price objective would indicate a potential upside of 41.00% from the company's previous close.

Interlink Electronics Stock Down 2.3%

LINK traded down $0.22 on Tuesday, reaching $9.22. 197,713 shares of the company traded hands, compared to its average volume of 29,782. Interlink Electronics has a one year low of $3.25 and a one year high of $10.90. The firm has a fifty day simple moving average of $7.74 and a two-hundred day simple moving average of $6.61. The company has a market cap of $59.76 million, a P/E ratio of 102.44 and a beta of 0.93.

Interlink Electronics Company Profile

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.