Linkers Industries (NASDAQ:LNKS) Issues Quarterly Earnings Results

Linkers Industries (NASDAQ:LNKS) posted its earnings results on Wednesday. The company reported ($6.54) earnings per share for the quarter, FiscalAI reports. The company had revenue of $1.35 million for the quarter.

Linkers Industries Stock Performance

Shares of LNKS stock traded up $0.02 on Thursday, reaching $1.58. 101,999 shares of the stock were exchanged, compared to its average volume of 595,459. The business’s 50 day moving average price is $116.38 and its 200 day moving average price is $124.34. Linkers Industries has a twelve month low of $1.51 and a twelve month high of $420.00.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Linkers Industries to a “strong sell” rating in a research note on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Linkers Industries Company Profile

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.