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

Analysts at StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note issued to investors on Friday. The firm set a “hold” rating on the software maker’s stock.

Separately, Westpark Capital initiated coverage on shares of Bridgeline Digital in a research note on Tuesday, July 23rd. They set a “hold” rating for the company.

Bridgeline Digital Stock Performance

Bridgeline Digital stock opened at $1.14 on Friday. The firm has a 50 day simple moving average of $0.95 and a 200-day simple moving average of $1.06. The stock has a market cap of $11.88 million, a price-to-earnings ratio of -1.19 and a beta of 1.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. Bridgeline Digital has a 1-year low of $0.70 and a 1-year high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings data on Wednesday, August 14th. The software maker reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.94 million for the quarter, compared to analysts’ expectations of $3.81 million. During the same period in the prior year, the firm posted ($0.07) earnings per share. On average, analysts expect that Bridgeline Digital will post -0.2 EPS 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.