Bridgeline Digital (NASDAQ:BLIN) Upgraded at Westpark Capital
Separately, StockNews.com cut shares of Bridgeline Digital from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th.
Get Our Latest Analysis on Bridgeline Digital
Shares of NASDAQ BLIN opened at $1.75 on Friday. Bridgeline Digital has a 1 year low of $0.75 and a 1 year high of $2.80. The stock has a market cap of $18.24 million, a P/E ratio of -9.21 and a beta of 1.88. The firm has a 50-day moving average of $1.70 and a 200 day moving average of $1.29. 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 (NASDAQ:BLIN – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, missing 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%. As a group, sell-side analysts expect that Bridgeline Digital will post -0.15 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of BLIN. Geode Capital Management LLC raised its holdings in Bridgeline Digital by 33.8% in the fourth quarter. Geode Capital Management LLC now owns 90,340 shares of the software maker’s stock worth $143,000 after buying an additional 22,806 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Bridgeline Digital by 27.7% in the fourth quarter. Renaissance Technologies LLC now owns 130,904 shares of the software maker’s stock worth $207,000 after buying an additional 28,375 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in Bridgeline Digital in the fourth quarter worth about $31,000. 15.08% of the stock is owned by hedge funds and other institutional investors.
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.
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