Bridgeline Digital (NASDAQ:BLIN) Receives New Coverage from Analysts at StockNews.com

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

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

Bridgeline Digital Stock Performance

BLIN stock opened at $1.12 on Tuesday. The firm has a market cap of $11.67 million, a PE ratio of -1.17 and a beta of 1.94. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03. The stock has a 50-day moving average price of $1.06 and a 200-day moving average price of $1.07. Bridgeline Digital has a 1-year low of $0.71 and a 1-year high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last released its earnings results on Wednesday, August 14th. The software maker reported ($0.03) EPS for the quarter, topping the consensus estimate 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 business had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $3.81 million. During the same quarter last year, the firm posted ($0.07) earnings per share. As a group, equities research analysts expect that Bridgeline Digital will post -0.2 earnings per share 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.