Alert: Major Price Advance (3/1/24)-Interlink Electronics (NASDAQ: LINK).

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On 3/1/24, Interlink Electronics (NASDAQ: LINK) stock enjoyed a major increase of 11.8%, closing at $12.42. Moreover, exceptionally high trading volume at 242% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.9% during the last week.

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Current PriceTarget Research Rating

LINK’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Interlink Electronics has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Interlink Electronics has a very low Appreciation Score of 2 but a good Power Rating of 80, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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