Linkers Industries has received a Nasdaq Minimum Bid Price Deficiency Letter, notifying the company that it no longer fulfills the Nasdaq's continued listing requirement to maintain a minimum bid price of $1 per share. This conclusion has been reached based on the closing bid price of Linkers Industries from January 24, 2025 to March 7, 2025. Nasdaq has given the company a period of 180 days, until September 8, 2025, to regain compliance.

This report highlights the movement of 12 industrial stocks during Thursday's intraday session. Greenland Technologies (GTEC) saw a significant increase, with its stock moving up by 63.4% to $2.14, following its Q4 earnings release. The company's market cap is currently $29.0 million. Concentrix (CNXC) also saw its shares increase by 35.59% to $61.94 after releasing its Q1 earnings, and its market cap stands at $3.9 billion. Baiya International Group (BIYA) saw its stock move up by 30.87% to $6.4, bringing its market cap to $80 million. Further, Hertz Global Holdings (HTZ) saw its stock move upwards, but the exact percentage increase was not mentioned.

Linkers Industries Limited, a Malaysia-based wire/cable harnesses manufacturer and supplier, has closed its initial public offering (IPO) on the Nasdaq Capital Market. Through the IPO, the company raised $7.6 million. The company plans to use the funds from the IPO for acquisitions, purchasing equipment, marketing, and as working capital.

As a financial

1) Brief Summary: The company has experienced significant negative performance over the past month, quarter, and week, with declines of -22.46%, -81.54%, and -35.55% respectively. The sales year over year TTM has also dipped by -37.38% and sales quarter over quarter by -36.66%. Return on Equity (ROE) and Return on Investment (ROI) are both in the negative, indicating financial inefficiency. The company's average trading volume is higher than its normal volume, indicating increased investor interest. However, the high Relative Strength Index (RSI) indicates that the stock is oversold. 2) MARKET_SCORE: 25

: Given the company's recent poor performance and negative financial indicators, there's a 25% likelihood of upward movement in the near future. 3) PRICE_TARGET: $0.63

: Considering market conditions and the recent performance of the company, a modest price target of $0.63, which is 25% above the current price, is suggested. 4) AI_RPT_HEADLINE: "Steep Declines and Negative Returns Plague Company's Performance"

As a financial analyst, I would choose X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes. These documents provide a comprehensive view of a company's financial health, along with details about their strategies and risk factors which are crucial for making a thorough analysis.

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