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

Research analysts at StockNews.com initiated 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 began coverage on shares of Bridgeline Digital in a research note on Tuesday, July 23rd. They set a “hold” rating for the company.

Bridgeline Digital Price Performance

Shares of BLIN opened at $1.09 on Friday. The business has a 50-day moving average of $1.14 and a 200-day moving average of $1.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market capitalization of $11.36 million, a price-to-earnings ratio of -1.18 and a beta of 1.96. Bridgeline Digital has a 1 year low of $0.72 and a 1 year high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $3.94 million during the quarter, compared to analyst estimates 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 quarter last year, the business earned ($0.07) EPS. As a group, equities research analysts anticipate that Bridgeline Digital will post -0.2 earnings per share 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.