Bridgeline Digital (NASDAQ:BLIN) Now Covered by Analysts at StockNews.com

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

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

Bridgeline Digital Stock Performance

Shares of Bridgeline Digital stock opened at $1.20 on Friday. The stock has a market cap of $12.50 million, a price-to-earnings ratio of -1.25 and a beta of 1.94. Bridgeline Digital has a twelve month low of $0.70 and a twelve month high of $1.42. The company’s fifty day moving average is $0.96 and its 200 day moving average is $1.06. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) EPS 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 analyst estimates of $3.81 million. During the same quarter in the previous year, the company posted ($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.