Blink Charging (BLNK) to Release Quarterly Earnings on Thursday

Blink Charging (NASDAQ:BLNKGet Free Report) will announce its earnings results after the market closes on Thursday, March 14th. Analysts expect the company to announce earnings of ($0.34) per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Blink Charging Trading Down 2.5 %

BLNK stock opened at $3.11 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.42 and a quick ratio of 1.71. The company has a fifty day moving average price of $2.82 and a two-hundred day moving average price of $3.12. Blink Charging has a one year low of $2.18 and a one year high of $8.90. The stock has a market cap of $209.65 million, a price-to-earnings ratio of -0.89 and a beta of 2.78.

Institutional Investors Weigh In On Blink Charging

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new position in Blink Charging during the first quarter worth about $25,000. Russell Investments Group Ltd. acquired a new position in Blink Charging during the second quarter worth about $27,000. FMR LLC raised its stake in Blink Charging by 1,272.8% during the third quarter. FMR LLC now owns 9,980 shares of the company’s stock worth $31,000 after acquiring an additional 9,253 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in shares of Blink Charging in the first quarter valued at approximately $31,000. Finally, Mariner LLC acquired a new position in shares of Blink Charging in the third quarter valued at approximately $32,000. Institutional investors own 34.98% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on BLNK shares. Needham & Company LLC reaffirmed a “buy” rating and set a $7.00 price objective on shares of Blink Charging in a research report on Wednesday, February 14th. HC Wainwright reissued a “buy” rating and issued a $25.00 target price on shares of Blink Charging in a research report on Monday, November 20th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Blink Charging currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.86.

View Our Latest Report on Blink Charging

Blink Charging Company Profile

(Get Free Report)

Blink Charging Co, through its subsidiaries, owns, operates, manufactures, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States and internationally. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types.

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Earnings History for Blink Charging (NASDAQ:BLNK)

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