Sep 23, 2019 Kristen Moran

Penny Stock to Watch: LiteLink Technologies Inc (CSE:LLT) (OTC:LLNKF) 

LiteLink Technologies

LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) currently has a market cap of CAD$27.585 million.

Analysts across the board are offering positive recommendations for LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) – a major player in developing world-class enterprise logistics and payment platforms that utilize artificial intelligence and predictive analytics to solve fragmented and outdated technology problems.

LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) has gained attention from analysts in recent months following the beta launch of its 1SHIFT Logistics platform, signing on one of Canada’s largest nurseries, Brookdale Treeland Nurseries as well as its first US customer, Bay Water Transportation. The company also recently announced a non-brokered non-dilutive private placement up to US$4 million.

According to Investing.com, LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) has been given a consistent “BUY” rating based on technical indicators.

On September 23, 2019, LiteLink Technologies Inc. (CSE:LLT) Canadian-listed stock is currently trading at CAD $0.16 with a trading volume of 590,800 on the Canadian Securities Exchange (CSE), while its US-listed stock (OTC:LLNKF) traded at US$0.123 with a trading volume of 523,800 shares.

In the last month, LiteLink Technologies Inc. (CSE:LLT) Canadian-listed stock is up 60% on the CSE and has the OTC listing has (OTC:LLNKF) increased by 50%.

LiteLink Technologies Inc. (CSE:LLT) has received a solid “BUY” recommendation from Investing.com’s Daily Technical Analysis summary, with an impressive 12 Moving Average indicators suggesting “STRONG BUY” and 9 Technical Indicators indicating “BUY”.


Tradingview.com

LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) currently has a BUY recommendation from TradingView’s technical analysis, which takes multiple indicators into account to provide an overall assessment of the stock’s price and direction. 


Morningstar.com

 

LiteLink Technologies Inc. (OTC:LLNKF) has a four-star rating on Morningstar and has received a “Fair Value” of US$0.22 from Morningstar as it currently trades at US$0.12 on the OTC.

According to Morningstar’s value assessment, LiteLink Technologies Inc. (OTCMKTS:LLNKF) is currently trading at a 46% discount. 

Overall, the sentiment towards LiteLink Technologies Inc. (CSE:LLT) (OTCMKTS:LLNKF) is very positive with several BUY recommendations for the company.

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