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

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

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

Bridgeline Digital Price Performance

Shares of Bridgeline Digital stock traded up $0.01 during trading on Thursday, reaching $1.10. The company’s stock had a trading volume of 23,166 shares, compared to its average volume of 42,656. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $11.41 million, a P/E ratio of -1.17 and a beta of 1.96. Bridgeline Digital has a 12-month low of $0.71 and a 12-month high of $1.42. The business has a 50 day moving average price of $1.13 and a 200-day moving average price of $1.06.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The firm had revenue of $3.94 million for the quarter, compared to analysts’ expectations of $3.81 million. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same quarter last year, the firm earned ($0.07) earnings per share. As a group, sell-side analysts anticipate that Bridgeline Digital will post -0.2 EPS 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.