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

StockNews.com initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report released on Saturday morning. The brokerage issued a hold rating on the software maker’s stock.

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

Bridgeline Digital Price Performance

BLIN stock opened at $0.89 on Friday. The stock has a 50-day simple moving average of $0.98 and a 200-day simple moving average of $1.05. The firm has a market cap of $9.30 million, a P/E ratio of -0.93 and a beta of 1.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.69 and a current ratio of 0.69. Bridgeline Digital has a 1 year low of $0.70 and a 1 year high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last announced its earnings results on Tuesday, May 14th. The software maker reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.04. Bridgeline Digital had a negative return on equity of 74.05% and a negative net margin of 65.95%. The company had revenue of $3.80 million during the quarter, compared to the consensus estimate of $3.81 million. During the same period last year, the firm earned ($0.05) earnings per share. On average, equities analysts predict that Bridgeline Digital will post -0.22 earnings per share for the current fiscal 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.