Linx S.A. (LINX): A brief note on last quarter

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Linx S.A. (NYSE:LINX) changes shares on Tuesday trading session, with a change of -4.96% or -$0.18 shares. The trading starts at $3.73 and closed at $3.63 throughout the day. The trading session low price was $3.44 and day high was $3.80 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.12 million while its average volume is 135.03K. In other hand, the LINX market cap reached to $612.17M. While, its current target price is $3.45 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -16.26% and up 5.50% for month. Its quarterly performance was -21.77% below, while its half year performance is down -55.08%. LINX performance fall -60.62% for year-to-date. Current recommendation for Linx S.A. is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EPS for this year is 16.70%, while for the next year its value is 0.10. It has an EPS of next five years will be up 39.40%.

Let’s take a look on the analyst recommendations on LINX for the current month and previous month. For the current month, 5 of 11 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 8 analysts participate in stock recommendation. Out of 8, 0 rated it sell, 5 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $3.21-$6.26. Average target price for LINX was reached at $4.95.

Tiger Global Management, LLC, Blackrock Inc. and Compass Group LLC are the top three holders in Linx S.A. (LINX) stock. On Mar 30, 2020, Tiger Global Management, LLC has 3.35 million shares which valued 10.85 million. On Mar 30, 2020, Blackrock Inc. owned 1.37 million shares which valued at 4.44 million. On Mar 30, 2020, Compass Group LLC has a total of 0.5 million shares which valued at 1.62 million. In the end, Compass Group LLC have 0.26% shares outstanding of Linx S.A. (LINX) on Mar 30, 2020. The institutional holding shifted to 4.51%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for LINX fall -47.20% for period of 200 days. SMA for 50 days was -10.22% which is showing red signal, while SMA-20 was -11.00%. The moving average value for Linx S.A. (LINX) is 5.8855 and 3.7091 for 200 and 50 days respectively.