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

Analysts at StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.

Separately, Westpark Capital began coverage on Bridgeline Digital in a research note on Tuesday, July 23rd. They issued a “hold” rating for the company.

Bridgeline Digital Trading Down 0.4 %

Shares of NASDAQ BLIN opened at $1.12 on Wednesday. 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 $11.62 million, a P/E ratio of -1.21 and a beta of 1.94. Bridgeline Digital has a 1-year low of $0.71 and a 1-year high of $1.42. The business has a fifty day moving average price of $1.10 and a 200 day moving average price of $1.07.

Bridgeline Digital (NASDAQ:BLIN) last issued its quarterly earnings data on Wednesday, August 14th. The software maker reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. The firm had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $3.81 million. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same period in the prior year, the business posted ($0.07) EPS. Equities research analysts expect that Bridgeline Digital will post -0.2 EPS for the current fiscal 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.