Linkers Industries Ltd [NASDAQ: LNKS] gained 30.36% or 0.17 points to close at $0.73 with a heavy trading volume of 46613331 shares.
It opened the trading session at $0.6, the shares rose to $0.885 and dropped to $0.5271, the range by which the price of stock traded the whole day. The daily chart for LNKS points out that the company has recorded 26.08% gains over the past six months.
If we look at the average trading volume of 248.55K shares, LNKS reached to a volume of 46613331 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Linkers Industries Ltd [LNKS]:
The Price to Book ratio for the last quarter was 1.08, with the Price to Cash per share for the same quarter was set at 0.42.
Trading performance analysis for LNKS stock
Linkers Industries Ltd [LNKS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 53.65. With this latest performance, LNKS shares gained by 26.96% in over the last four-week period, additionally plugging by 26.08% over the last 6 months – not to mention a drop of -45.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LNKS stock in for the last two-week period is set at 73.72, with the RSI for the last a single of trading hit 0.0890, and the three-weeks RSI is set at 0.0728 for Linkers Industries Ltd [LNKS]. The present Moving Average for the last 50 days of trading for this stock 0.5200, while it was recorded at 0.5659 for the last single week of trading, and 0.6406 for the last 200 days.
Linkers Industries Ltd [LNKS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Linkers Industries Ltd [LNKS] shares currently have an operating margin of -20.88% and a Gross Margin at 8.12%. Linkers Industries Ltd’s Net Margin is presently recorded at -22.06%.
Linkers Industries Ltd (LNKS) Capital Structure & Debt Analysis
According to recent financial data for Linkers Industries Ltd. ( LNKS), the Return on Equity (ROE) stands at -17.66%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -12.06%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Linkers Industries Ltd’s Return on Invested Capital (ROIC) is -12.15%, showcasing its effectiveness in deploying capital for earnings.
Linkers Industries Ltd (LNKS) Efficiency & Liquidity Metrics
Based on Linkers Industries Ltd’s (LNKS) latest financial statements, the Debt-to-Equity Ratio is 0.04%, indicating its reliance on debt financing relative to shareholder equity.
Linkers Industries Ltd (LNKS) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Linkers Industries Ltd. (LNKS) effectively leverages its workforce, generating an average of -$5894.74 per employee. The company’s liquidity position is robust, with a Current Ratio of 4.72% and a Quick Ratio of 3.71%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at Linkers Industries Ltd [LNKS]
There are presently around $1.19%, or 2.55%% of LNKS stock, in the hands of institutional investors.
