Linkers Industries Limited (NASDAQ:LNKS – Get Free Report) major shareholder Financial Lp Hrt bought 32,502 shares of Linkers Industries stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average price of $2.34 per share, with a total value of $76,054.68. Following the completion of the transaction, the insider directly owned 159,782 shares of the company’s stock, valued at approximately $373,889.88. The trade was a 25.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% 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, June 24th, Financial Lp Hrt purchased 2,403 shares of Linkers Industries stock. The shares were acquired at an average price of $2.32 per share, for a total transaction of $5,574.96.
Linkers Industries Trading Down 7.8%
Shares of NASDAQ LNKS opened at $1.88 on Friday. The company has a quick ratio of 3.53, a current ratio of 4.69 and a debt-to-equity ratio of 0.02. Linkers Industries Limited has a 12-month low of $1.14 and a 12-month high of $420.00. The company has a 50-day moving average of $1.72 and a 200 day moving average of $94.78.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Linkers Industries from a “strong sell” rating to a “sell” rating in a research note on Sunday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.
View Our Latest Research Report on Linkers Industries
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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