In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on Interlink Electronics (LINK – Research Report), with a price target of $21.00. The company’s shares closed yesterday at $10.15.
Klee covers the Technology sector, focusing on stocks such as Auddia, Zedge, and Mitek Systems. According to TipRanks, Klee has an average return of -19.7% and a 24.25% success rate on recommended stocks.
Interlink Electronics has an analyst consensus of Moderate Buy, with a price target consensus of $21.00.
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Based on Interlink Electronics’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.28 million and a GAAP net loss of $191 thousand. In comparison, last year the company earned a revenue of $1.99 million and had a net profit of $142 thousand
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Interlink Electronics, Inc. engages in the design, development, manufacture and sale of force sensing technology solutions. Its products include force sensing, position sensing and mouse pointing & touchpad. The company was founded on February 27, 1985 and is headquartered in Camarillo, CA.
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