StockNews.com Initiates Coverage on Bridgeline Digital (NASDAQ:BLIN)

Equities research analysts at StockNews.com started coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note issued on Friday. The brokerage set a “hold” rating on the software maker’s stock.

Separately, Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a report on Tuesday, December 24th.

Bridgeline Digital Price Performance

Shares of BLIN opened at $1.85 on Friday. The firm has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $1.13. The firm has a market cap of $19.27 million, a PE ratio of -2.01 and a beta of 1.86. 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 $0.75 and a 1-year high of $2.80.

Bridgeline Digital (NASDAQ:BLIN) last announced its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same period in the previous year, the business earned ($0.02) EPS. On average, equities analysts anticipate that Bridgeline Digital will post -0.2 EPS for the current 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.