Bridgeline Digital (NASDAQ:BLIN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note published on Saturday morning. The brokerage issued a hold rating on the software maker’s stock.

Separately, Westpark Capital initiated coverage on Bridgeline Digital in a research report on Tuesday, July 23rd. They set a hold rating on the stock.

Bridgeline Digital Stock Performance

Shares of Bridgeline Digital stock opened at $0.81 on Friday. The stock’s fifty day moving average is $0.99 and its two-hundred day moving average is $1.04. The company has a market capitalization of $8.45 million, a PE ratio of -0.84 and a beta of 1.92. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.03. Bridgeline Digital has a 52 week low of $0.70 and a 52 week high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last announced its quarterly earnings data on Tuesday, May 14th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.04. The firm had revenue of $3.80 million during the quarter, compared to analysts’ expectations of $3.81 million. Bridgeline Digital had a negative return on equity of 74.05% and a negative net margin of 65.95%. During the same period last year, the business posted ($0.05) earnings per share. As a group, analysts expect that Bridgeline Digital will post -0.22 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.