Bridgeline Digital (NASDAQ:BLIN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report sent to investors on Friday morning. The firm issued a hold rating on the software maker’s stock.

Separately, Westpark Capital assumed coverage on Bridgeline Digital in a research note on Tuesday, July 23rd. They set a hold rating for the company.

Bridgeline Digital Price Performance

Shares of NASDAQ BLIN opened at $1.20 on Friday. The stock has a fifty day moving average price of $0.96 and a 200 day moving average price of $1.06. Bridgeline Digital has a 1-year low of $0.70 and a 1-year high of $1.42. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market cap of $12.50 million, a PE ratio of -1.25 and a beta of 1.94.

Bridgeline Digital (NASDAQ:BLIN) last released its earnings results on Wednesday, August 14th. The software maker reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. The company had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $3.81 million. During the same quarter last year, the business earned ($0.07) EPS. Sell-side analysts forecast that Bridgeline Digital will post -0.2 EPS for the current year.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.