BLIN has 36-month beta value of 1.94. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BLIN is 8.50M, and currently, short sellers hold a 0.45% ratio of that float. The average trading volume of BLIN on September 03, 2024 was 38.92K shares.
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BLIN) stock’s latest price update
Bridgeline Digital Inc (NASDAQ: BLIN)’s stock price has gone rise by 9.17 in comparison to its previous close of 0.90, however, the company has experienced a 8.05% increase in its stock price over the last five trading days. globenewswire.com reported 2024-08-29 that WOBURN, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a global leader in AI-powered marketing technology, announced that a national leading aftermarket automotive truck parts retailer has chosen Bridgeline’s HawkSearch to power product discovery for its eCommerce website.
BLIN’s Market Performance
Bridgeline Digital Inc (BLIN) has seen a 8.05% rise in stock performance for the week, with a 10.39% gain in the past month and a -16.03% plunge in the past quarter. The volatility ratio for the week is 7.35%, and the volatility levels for the past 30 days are at 7.39% for BLIN. The simple moving average for the past 20 days is 13.36% for BLIN’s stock, with a 0.94% simple moving average for the past 200 days.
BLIN Trading at 8.61% from the 50-Day Moving Average
After a stumble in the market that brought BLIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.80% of loss for the given period.
Volatility was left at 7.39%, however, over the last 30 days, the volatility rate increased by 7.35%, as shares surge +15.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.75% lower at present.
During the last 5 trading sessions, BLIN rose by +8.05%, which changed the moving average for the period of 200-days by +33.49% in comparison to the 20-day moving average, which settled at $0.8733. In addition, Bridgeline Digital Inc saw 12.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BLIN starting from Kahn Roger E., who purchase 60,000 shares at the price of $0.85 back on Aug 20 ’24. After this action, Kahn Roger E. now owns 995,308 shares of Bridgeline Digital Inc, valued at $51,000 using the latest closing price.
Kahn Roger E., the President and CEO of Bridgeline Digital Inc, purchase 15,000 shares at $0.87 during a trade that took place back on Sep 14 ’23, which means that Kahn Roger E. is holding 935,308 shares at $13,050 based on the most recent closing price.
Stock Fundamentals for BLIN
Current profitability levels for the company are sitting at:
- -0.63 for the present operating margin
- 0.62 for the gross margin
The net margin for Bridgeline Digital Inc stands at -0.63. The total capital return value is set at -0.85. Equity return is now at value -64.91, with -45.78 for asset returns.
Based on Bridgeline Digital Inc (BLIN), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -1.53. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 69.25.
Currently, EBITDA for the company is 6.36 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 9.99for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
To put it simply, Bridgeline Digital Inc (BLIN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
