Bridgeline Digital (NASDAQ:BLIN) Coverage Initiated by Analysts at StockNews.com

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

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

Bridgeline Digital Stock Down 7.4 %

BLIN opened at $1.13 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a fifty day moving average of $1.13 and a 200-day moving average of $1.06. Bridgeline Digital has a fifty-two week low of $0.71 and a fifty-two week high of $1.42. The company has a market capitalization of $11.77 million, a P/E ratio of -1.23 and a beta of 1.96.

Bridgeline Digital (NASDAQ:BLIN) last issued its quarterly earnings data on Wednesday, August 14th. The software maker reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. The business had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $3.81 million. During the same quarter in the previous year, the company earned ($0.07) EPS. On average, equities analysts expect that Bridgeline Digital will post -0.2 EPS for the current year.

About Bridgeline Digital

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.