Bridgeline Digital (NASDAQ:BLIN) Stock Crosses Above 200-Day Moving Average – Here’s Why

Bridgeline Digital, Inc. (NASDAQ:BLIN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.16 and traded as high as $1.79. Bridgeline Digital shares last traded at $1.74, with a volume of 82,406 shares traded.

Analyst Ratings Changes

BLIN has been the subject of several recent research reports. StockNews.com assumed coverage on Bridgeline Digital in a report on Saturday. They set a “hold” rating for the company. Westpark Capital restated a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th.

Bridgeline Digital Stock Performance

The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.02. The company’s 50-day moving average is $1.41 and its two-hundred day moving average is $1.16. The stock has a market capitalization of $18.13 million, a P/E ratio of -9.16 and a beta of 1.86.

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