Linkers Industries (NASDAQ:LNKS – Get Free Report) announced its earnings results on Thursday. The company reported $4.84 earnings per share for the quarter, FiscalAI reports. The company had revenue of $1.41 million during the quarter.
Linkers Industries Stock Down 4.2%
NASDAQ:LNKS traded down $0.04 during mid-day trading on Thursday, reaching $0.85. The company’s stock had a trading volume of 15,937 shares, compared to its average volume of 1,019,752. Linkers Industries has a twelve month low of $0.76 and a twelve month high of $420.00. The company’s fifty day simple moving average is $0.97 and its two-hundred day simple moving average is $3.00.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Linkers Industries from a “strong sell” rating to a “sell” rating in a research note on Sunday, June 28th. Weiss Ratings reissued a “sell (e+)” rating on shares of Linkers Industries in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.
About Linkers Industries
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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