Moreover, the 36-month beta value for BLNK is 2.83. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for BLNK is 92.07M and currently, short sellers hold a 26.89% of that float. On February 18, 2025, BLNK’s average trading volume was 4.68M shares.
BLNK) stock’s latest price update
The stock price of Blink Charging Co (NASDAQ: BLNK) has plunged by -3.96 when compared to previous closing price of 1.13, but the company has seen a 0.93% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-02-12 that Bowie, Md., Feb. 12, 2025 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK) (“Blink”), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) to sell shares of its subsidiary Envoy Technologies, Inc. (“Envoy”), a leading provider of electric vehicle car-sharing services and community-based EVs. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
BLNK’s Market Performance
Blink Charging Co (BLNK) has seen a 0.93% rise in stock performance for the week, with a -25.85% decline in the past month and a -38.76% plunge in the past quarter. The volatility ratio for the week is 8.74%, and the volatility levels for the past 30 days are at 7.10% for BLNK. The simple moving average for the last 20 days is -9.32% for BLNK stock, with a simple moving average of -49.56% for the last 200 days.
Analysts’ Opinion of BLNK
UBS, on the other hand, stated in their research note that they expect to see BLNK reach a price target of $2, previously predicting the price at $3. The rating they have provided for BLNK stocks is “Neutral” according to the report published on November 14th, 2024.
The Benchmark Company gave a rating of “Buy” to BLNK, setting the target price at $5 in the report published on July 31st of the previous year.
BLNK Trading at -23.04% 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 -70.93% of loss for the given period.
Volatility was left at 7.10%, however, over the last 30 days, the volatility rate increased by 8.74%, as shares sank -25.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.72% lower at present.
During the last 5 trading sessions, BLNK rose by +0.93%, which changed the moving average for the period of 200-days by -56.75% in comparison to the 20-day moving average, which settled at $1.2020. In addition, Blink Charging Co saw -21.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BLNK starting from LEVINE JACK, who purchase 20,000 shares at the price of $1.70 back on Sep 26 ’24. After this action, LEVINE JACK now owns 175,718 shares of Blink Charging Co, valued at $34,000 using the latest closing price.
Peterson Kristina A., the Director of Blink Charging Co, sale 24,077 shares at $1.80 during a trade that took place back on Sep 19 ’24, which means that Peterson Kristina A. is holding 0 shares at $43,377 based on the most recent closing price.
Stock Fundamentals for BLNK
Current profitability levels for the company are sitting at:
- -1.03 for the present operating margin
- -0.08 for the gross margin
The net margin for Blink Charging Co stands at -1.05. The total capital return value is set at -0.59. Equity return is now at value -69.69, with -43.17 for asset returns.
Based on Blink Charging Co (BLNK), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -4.79. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -86.14.
Currently, EBITDA for the company is -93.12 million with net debt to EBITDA at 0.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 2.83for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.52.
Conclusion
To wrap up, the performance of Blink Charging Co (BLNK) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
