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

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

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

Bridgeline Digital Stock Down 0.9 %

BLIN stock opened at $1.16 on Friday. The firm’s fifty day simple moving average is $0.97 and its 200-day simple moving average is $1.07. The company has a market capitalization of $12.08 million, a P/E ratio of -1.21 and a beta of 1.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. Bridgeline Digital has a 12 month low of $0.70 and a 12 month high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings data on Wednesday, August 14th. The software maker reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. The business had revenue of $3.94 million for the quarter, compared to the consensus estimate of $3.81 million. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. During the same period in the prior year, the firm earned ($0.07) EPS. As a group, equities research analysts forecast 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.