The stock of Bridgeline Digital Inc (NASDAQ: BLIN) has increased by 10.71 when compared to last closing price of 1.12. Despite this, the company has experienced a 10.71% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-31 that WOBURN, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of AI-driven marketing technology, announced that a Duda agency has expanded its contract with the WooRank SEO platform. The agency now offers WooRank’s SEO insights and performance data as part of its top-tier SEO package, enhancing its clients’ digital marketing strategies.
Is It Worth Investing in Bridgeline Digital Inc (NASDAQ: BLIN) Right Now?
Additionally, the 36-month beta value for BLIN is 1.97. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BLIN is 8.51M and currently, short sellers hold a 1.27% ratio of that float. The average trading volume of BLIN on November 05, 2024 was 30.83K shares.
BLIN’s Market Performance
BLIN stock saw an increase of 10.71% in the past week, with a monthly gain of 2.89% and a quarterly increase of 40.93%. The volatility ratio for the week is 7.37%, and the volatility levels for the last 30 days are 5.65% for Bridgeline Digital Inc (BLIN). The simple moving average for the past 20 days is 8.81% for BLIN’s stock, with a 18.03% simple moving average for the past 200 days.
BLIN Trading at 11.48% 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 -12.67% of loss for the given period.
Volatility was left at 5.65%, however, over the last 30 days, the volatility rate increased by 7.37%, as shares surge +5.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.37% upper at present.
During the last 5 trading sessions, BLIN rose by +10.71%, which changed the moving average for the period of 200-days by +64.67% in comparison to the 20-day moving average, which settled at $1.1396. In addition, Bridgeline Digital Inc saw 42.53% 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 2,500 shares at the price of $1.04 back on Sep 13 ’24. After this action, Kahn Roger E. now owns 997,808 shares of Bridgeline Digital Inc, valued at $2,600 using the latest closing price.
TAGLICH MICHAEL N, the Director of Bridgeline Digital Inc, purchase 20,603 shares at $0.89 during a trade that took place back on Aug 22 ’24, which means that TAGLICH MICHAEL N is holding 82,831 shares at $18,337 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 0.81. 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
In conclusion, Bridgeline Digital Inc (BLIN) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
