StockNews.com Initiates Coverage on Bridgeline Digital (NASDAQ:BLIN)

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

Separately, Westpark Capital assumed coverage on shares of Bridgeline Digital in a report on Tuesday, July 23rd. They issued a “hold” rating on the stock.

Bridgeline Digital Stock Down 2.7 %

BLIN traded down $0.03 on Friday, hitting $1.09. 10,462 shares of the company were exchanged, compared to its average volume of 42,399. Bridgeline Digital has a twelve month low of $0.72 and a twelve month high of $1.42. The company has a market cap of $11.36 million, a price-to-earnings ratio of -1.18 and a beta of 1.96. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average price of $1.14 and a two-hundred day moving average price of $1.06.

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