Bridgeline Digital (NASDAQ:BLIN) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the software maker’s stock.

Separately, Westpark Capital reissued a “hold” rating on shares of Bridgeline Digital in a report on Tuesday.

Bridgeline Digital Stock Performance

Shares of BLIN stock opened at $1.45 on Wednesday. Bridgeline Digital has a 12 month low of $0.75 and a 12 month high of $1.95. The stock has a market capitalization of $15.11 million, a P/E ratio of -1.58 and a beta of 1.95. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $1.20 and its 200 day moving average is $1.07.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Monday, December 23rd. The software maker reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same period last year, the company earned ($0.02) earnings per share. On average, sell-side analysts anticipate that Bridgeline Digital will post -0.2 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.