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Linkers Industries Limited Announces Receipt of Nasdaq Minimum Bid Price Deficiency Letter
Globe Newswire (Thu, 13-Mar 11:51 AM ET)
Linkers Industries Ltd is a company which acts as a manufacturer and a supplier of wire, cable harnesses with their manufacturing operations in Malaysia. Wire/cable harness refers to an assembly of wires/cables bound together with straps, cable ties and electrical tapes to transmit signals or electrical power. Company works closely with customers in each stage of a product's life cycle, including design, prototyping and production. Geographically company provides services in Thailand, Malaysia, Switzerland, United States of America, and many others, maximum revenue gained from Thailand.
Linkers Industries Limited - Class A trades on the NASDAQ stock market under the symbol LNKS.
As of April 2, 2025, LNKS stock price climbed to $0.51 with 24,951 million shares trading.
LNKS has a beta of -3.81, meaning it tends to be less sensitive to market movements. LNKS has a correlation of 0.03 to the broad based SPY ETF.
LNKS has a market cap of $6.85 million. This is considered a Sub-Micro Cap stock.
LNKS support price is $.44 and resistance is $.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LNKS shares will trade within this expected range on the day.