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

StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report released on Monday morning. The firm issued a buy rating on the software maker’s stock.

Separately, Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th.

Bridgeline Digital Stock Down 1.0 %

NASDAQ BLIN opened at $1.95 on Monday. The stock’s 50 day simple moving average is $1.58 and its 200 day simple moving average is $1.24. The firm has a market cap of $20.32 million, a PE ratio of -10.26 and a beta of 1.88. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.62 and a quick ratio of 0.62. Bridgeline Digital has a one year low of $0.75 and a one year high of $2.80.

Bridgeline Digital (NASDAQ:BLIN) last announced its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same period in the prior year, the firm earned ($0.02) earnings per share. As a group, sell-side analysts forecast that Bridgeline Digital will post -0.15 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.