Financial Lp Hrt Purchases 7,845 Shares of Linkers Industries (NASDAQ:LNKS) Stock

Linkers Industries Limited (NASDAQ:LNKSGet Free Report) major shareholder Financial Lp Hrt bought 7,845 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was acquired at an average cost of $1.45 per share, for a total transaction of $11,375.25. Following the completion of the transaction, the insider owned 147,124 shares in the company, valued at $213,329.80. This represents a 5.63% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Wednesday, July 8th, Financial Lp Hrt sold 1,480 shares of Linkers Industries stock. The shares were sold at an average price of $1.41, for a total value of $2,086.80.
  • On Tuesday, July 7th, Financial Lp Hrt sold 21,059 shares of Linkers Industries stock. The stock was sold at an average price of $1.49, for a total transaction of $31,377.91.
  • On Monday, July 6th, Financial Lp Hrt sold 135 shares of Linkers Industries stock. The stock was sold at an average price of $1.60, for a total transaction of $216.00.
  • On Thursday, July 2nd, Financial Lp Hrt sold 9,299 shares of Linkers Industries stock. The stock was sold at an average price of $1.60, for a total transaction of $14,878.40.
  • On Wednesday, July 1st, Financial Lp Hrt purchased 392 shares of Linkers Industries stock. The stock was bought at an average cost of $1.63 per share, for a total transaction of $638.96.
  • On Tuesday, June 30th, Financial Lp Hrt sold 5,249 shares of Linkers Industries stock. The shares were sold at an average price of $1.67, for a total transaction of $8,765.83.
  • On Monday, June 29th, Financial Lp Hrt acquired 3,887 shares of Linkers Industries stock. The shares were bought at an average price of $1.80 per share, for a total transaction of $6,996.60.
  • On Friday, June 26th, Financial Lp Hrt acquired 2,938 shares of Linkers Industries stock. The shares were bought at an average cost of $1.98 per share, with a total value of $5,817.24.
  • On Thursday, June 25th, Financial Lp Hrt bought 7,029 shares of Linkers Industries stock. The stock was bought at an average cost of $2.06 per share, with a total value of $14,479.74.
  • On Wednesday, June 24th, Financial Lp Hrt bought 2,403 shares of Linkers Industries stock. The stock was bought at an average cost of $2.32 per share, with a total value of $5,574.96.

Linkers Industries Trading Down 1.9%

Shares of Linkers Industries stock traded down $0.03 during trading on Monday, reaching $1.39. The company had a trading volume of 45,774 shares, compared to its average volume of 1,434,052. The firm’s fifty day moving average is $1.67 and its 200-day moving average is $89.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.53 and a current ratio of 4.69. Linkers Industries Limited has a fifty-two week low of $1.14 and a fifty-two week high of $420.00.

Linkers Industries (NASDAQ:LNKSGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported ($6.54) EPS for the quarter. The company had revenue of $1.35 million during the quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LNKS. Weiss Ratings reiterated a “sell (e+)” rating on shares of Linkers Industries in a research report on Monday, July 6th. Wall Street Zen upgraded Linkers Industries from a “strong sell” rating to a “sell” rating in a research note on Sunday, June 28th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Check Out Our Latest Analysis on Linkers Industries

About Linkers Industries

(Get Free Report)

Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.

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