Bridgeline Digital (NASDAQ:BLIN) Receives New Coverage from Analysts at StockNews.com

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

Separately, Westpark Capital began coverage on Bridgeline Digital in a research note on Tuesday, July 23rd. They issued a hold rating on the stock.

Bridgeline Digital Trading Up 5.3 %

Shares of BLIN stock opened at $1.20 on Friday. The stock has a market cap of $12.50 million, a P/E ratio of -1.25 and a beta of 1.94. 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 has a fifty-two week low of $0.70 and a fifty-two week high of $1.42. The business has a fifty day simple moving average of $0.96 and a 200-day simple moving average of $1.06.

Bridgeline Digital (NASDAQ:BLIN) last announced its earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. The company had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $3.81 million. During the same quarter in the previous year, the business posted ($0.07) earnings per share. On average, analysts forecast that Bridgeline Digital will post -0.2 earnings per share for the current fiscal 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.