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

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

Bridgeline Digital Stock Up 0.9 %

Shares of BLIN stock opened at $1.18 on Thursday. The firm’s fifty day moving average price is $1.21 and its two-hundred day moving average price is $0.98. Bridgeline Digital has a 1 year low of $0.70 and a 1 year high of $1.43. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $12.30 million, a P/E ratio of -1.23 and a beta of 2.05.

Bridgeline Digital (NASDAQ:BLIN) last released its earnings results on Tuesday, May 14th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.80 million for the quarter, compared to analyst estimates of $3.81 million. During the same quarter in the prior year, the company posted ($0.05) earnings per share. On average, equities analysts predict that Bridgeline Digital will post -0.2 EPS 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.