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

StockNews.com initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report sent to investors on Monday 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 Stock Performance

NASDAQ BLIN opened at $1.20 on Monday. The firm’s 50 day simple moving average is $1.05 and its 200 day simple moving average is $1.08. The firm has a market capitalization of $12.50 million, a price-to-earnings ratio of -1.25 and a beta of 1.94. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03. Bridgeline Digital has a 1 year low of $0.71 and a 1 year high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. The firm had revenue of $3.94 million for the quarter, compared to the consensus estimate of $3.81 million. During the same quarter last year, the business posted ($0.07) EPS. As a group, research analysts expect that Bridgeline Digital will post -0.2 earnings per share for the current fiscal year.

About Bridgeline Digital

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.