Linkers Industries (NASDAQ:LNKS) Stock Price Up 0.9% – What’s Next?

Linkers Industries Limited (NASDAQ:LNKS)’s share price rose 0.9% during mid-day trading on Wednesday . The stock traded as high as $0.53 and last traded at $0.49. Approximately 12,475 shares were traded during trading, a decline of 78% from the average daily volume of 56,536 shares. The stock had previously closed at $0.49.

Linkers Industries Trading Up 0.9%

The firm’s 50-day moving average price is $0.55 and its 200-day moving average price is $0.60.

Institutional Investors Weigh In On Linkers Industries

A hedge fund recently bought a new stake in Linkers Industries stock. Capstone Financial Advisors Inc. acquired a new stake in shares of Linkers Industries Limited (NASDAQ:LNKS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 20,000 shares of the company’s stock, valued at approximately $27,000. Capstone Financial Advisors Inc. owned about 0.18% of Linkers Industries at the end of the most recent reporting period.

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.