Bridgeline Digital (NASDAQ:BLIN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note published on Friday morning. The brokerage issued a hold rating on the software maker’s stock.

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

Bridgeline Digital Price Performance

NASDAQ:BLIN opened at $0.90 on Friday. Bridgeline Digital has a 52 week low of $0.70 and a 52 week high of $1.42. The firm has a market cap of $9.38 million, a price-to-earnings ratio of -0.94 and a beta of 1.92. The firm’s 50-day simple moving average is $1.01 and its 200 day simple moving average is $1.04. 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 (NASDAQ:BLIN) last released its quarterly earnings results on Tuesday, May 14th. The software maker reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. The business had revenue of $3.80 million for the quarter, compared to analyst estimates of $3.81 million. During the same period last year, the firm earned ($0.05) earnings per share. As a group, sell-side analysts predict that Bridgeline Digital will post -0.22 earnings per share for the current 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.