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

Equities researchers at StockNews.com started coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report issued on Friday. The brokerage set a “hold” rating on the software maker’s stock.

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

Bridgeline Digital Stock Down 1.8 %

BLIN stock opened at $1.12 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $11.67 million, a P/E ratio of -1.22 and a beta of 1.96. Bridgeline Digital has a fifty-two week low of $0.72 and a fifty-two week high of $1.42. The business has a 50-day moving average of $1.14 and a 200-day moving average of $1.06.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings data on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The company had revenue of $3.94 million for the quarter, compared to the consensus estimate of $3.81 million. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. During the same period last year, the company earned ($0.07) earnings per share. On average, sell-side analysts anticipate 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.