Bridgeline Digital (NASDAQ:BLIN) Now Covered by Analysts at StockNews.com

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

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

Bridgeline Digital Stock Performance

BLIN stock traded up $0.01 during trading hours on Thursday, hitting $1.10. 23,166 shares of the stock were exchanged, compared to its average volume of 42,656. Bridgeline Digital has a 12 month low of $0.71 and a 12 month high of $1.42. The firm has a market capitalization of $11.41 million, a P/E ratio of -1.17 and a beta of 1.96. The company has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $1.06. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03.

Bridgeline Digital (NASDAQ:BLIN) last issued its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. The company had revenue of $3.94 million for the quarter, compared to analyst estimates of $3.81 million. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same quarter last year, the company posted ($0.07) EPS. On average, analysts forecast that Bridgeline Digital will post -0.2 earnings per share for the current fiscal 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.