Blink Charging Co. (NASDAQ:BLNK) went up by 6.34% from its latest closing price compared to the recent 1-year high of $64.50. The company’s stock price has collected 22.86% of gains in the last five trading sessions. Press Release reported 14 hours ago that Blink Charging Sponsors University of Cincinnati’s First All-Electric Formula Racing Team and EV Innovation Among Students
Is It Worth Investing in Blink Charging Co. (NASDAQ :BLNK) Right Now?
Plus, the 36-month beta value for BLNK is at 4.26. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Blink Charging Co. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $52.00, which is -$2.69 below the current price. BLNK currently public float of 30.87M and currently shorts hold a 43.05% ratio of that float. Today, the average trading volume of BLNK was 8.85M shares.
BLNK’s Market Performance
BLNK stocks went up by 22.86% for the week, with a monthly jump of 42.52% and a quarterly performance of 14.49%, while its annual performance rate touched 2688.31%. The volatility ratio for the week stands at 10.56% while the volatility levels for the past 30 days are set at 10.94% for Blink Charging Co.. The simple moving average for the period of the last 20 days is 14.47% for BLNK stocks with a simple moving average of 88.55% for the last 200 days.
Analysts’ Opinion of BLNK
Many brokerage firms have already submitted their reports for BLNK stocks, with Cowen repeating the rating for BLNK by listing it as a “Outperform.” The predicted price for BLNK in the upcoming period, according to Cowen is $38 based on the research report published on March 09th of the current year 2021.
ROTH Capital, on the other hand, stated in their research note that they expect to see BLNK reach a price target of $67. The rating they have provided for BLNK stocks is “Buy” according to the report published on February 05th, 2021.
BLNK Trading at 0.34% from the 50-Day Moving Average
After a stumble in the market that brought BLNK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.43% of loss for the given period.
Volatility was left at 10.94%, however, over the last 30 days, the volatility rate increased by 10.56%, as shares surge +50.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.18% lower at present.
During the last 5 trading sessions, BLNK rose by +22.86%, which changed the moving average for the period of 200-days by +1,696.65% in comparison to the 20-day moving average, which settled at $38.23. In addition, Blink Charging Co. saw 0.44% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BLNK starting from Engel Donald, who sale 46,113 shares at the price of $48.81 back on Feb 01. After this action, Engel Donald now owns 43,000 shares of Blink Charging Co., valued at $2,250,757 using the latest closing price.
Engel Donald, the Business Development Officer of Blink Charging Co., sale 60,868 shares at $50.05 during a trade that took place back on Jan 29, which means that Engel Donald is holding 89,113 shares at $3,046,583 based on the most recent closing price.
Stock Fundamentals for BLNK
Current profitability levels for the company are sitting at:
- -281.47 for the present operating margin
- -185.18 for the gross margin
The net margin for Blink Charging Co. stands at -286.45. The total capital return value is set at -96.24, while invested capital returns managed to touch -101.21. Equity return is now at value -136.70, with -81.90 for asset returns.
Based on Blink Charging Co. (BLNK), the company’s capital structure generated 5.74 points at debt to equity in total, while total debt to capital is 5.43. Total debt to assets is 4.59, with long-term debt to equity ratio resting at 2.14. Finally, the long-term debt to capital ratio is 2.03.
When we switch over and look at the enterprise to sales, we see a ratio of 202.83, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 22.46 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.19.