Linx S.A. (NYSE:LINX) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Linx S.A. (NYSE:LINX) have received a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $5.73.

A number of research firms have recently commented on LINX. Santander began coverage on Linx in a report on Wednesday, December 23rd. They issued a “hold” rating and a $7.60 price objective on the stock. Zacks Investment Research upgraded Linx from a “sell” rating to a “hold” rating in a report on Wednesday, January 13th. Finally, TheStreet lowered Linx from a “c-” rating to a “d+” rating in a research note on Wednesday, March 31st.

Shares of Linx stock traded up $0.47 during trading hours on Thursday, reaching $6.70. The stock had a trading volume of 17,084 shares, compared to its average volume of 38,675. The firm has a 50 day simple moving average of $6.71 and a two-hundred day simple moving average of $6.94. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of -670.00 and a beta of 2.33. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.14. Linx has a 1 year low of $2.83 and a 1 year high of $7.44.

Several hedge funds have recently bought and sold shares of the company. Comerica Bank acquired a new stake in shares of Linx in the fourth quarter valued at about $70,000. Renaissance Technologies LLC acquired a new stake in Linx during the 4th quarter valued at approximately $150,000. London & Capital Asset Management Ltd acquired a new stake in Linx during the 4th quarter valued at approximately $211,000. Jane Street Group LLC grew its position in shares of Linx by 23.8% in the 3rd quarter. Jane Street Group LLC now owns 315,861 shares of the company’s stock worth $1,953,000 after acquiring an additional 60,713 shares in the last quarter. Finally, Moneda S.A. Administradora General de Fondos increased its position in shares of Linx by 1,515,171.7% during the 4th quarter. Moneda S.A. Administradora General de Fondos now owns 189,408,960 shares of the company’s stock valued at $76,000 after purchasing an additional 189,396,460 shares during the period. Institutional investors and hedge funds own 3.31% of the company’s stock.

Linx Company Profile

Linx SA, through its subsidiaries, provides management software solutions for the retail market in Brazil and internationally. It offers enterprise resource planning (ERP), and point of sale or point of service (POS) management software; and connectivity, electronic funds transfer, e-commerce, customer relationship management, order management system, and payment methods solutions.

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Analyst Recommendations for Linx (NYSE:LINX)

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