Bridgeline Digital (NASDAQ:BLIN) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report released on Friday. The firm issued a hold rating on the software maker’s stock.

Separately, Westpark Capital started coverage on shares of Bridgeline Digital in a report on Tuesday, July 23rd. They set a “hold” rating for the company.

Bridgeline Digital Price Performance

Shares of BLIN stock traded down $0.03 during trading hours on Friday, reaching $1.09. The company had a trading volume of 10,462 shares, compared to its average volume of 42,399. Bridgeline Digital has a 12-month low of $0.72 and a 12-month high of $1.42. The company has a market capitalization of $11.36 million, a price-to-earnings ratio of -1.18 and a beta of 1.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a fifty day moving average of $1.14 and a 200-day moving average of $1.06.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.94 million during the quarter, compared to the consensus estimate of $3.81 million. During the same period last year, the company earned ($0.07) EPS. On average, equities analysts anticipate that Bridgeline Digital will post -0.2 earnings per share 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.