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

Analysts at StockNews.com initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the software maker’s stock.

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

Bridgeline Digital Price Performance

BLIN opened at $1.11 on Tuesday. The company has a fifty day simple moving average of $1.07 and a 200 day simple moving average of $1.07. The firm has a market cap of $11.56 million, a price-to-earnings ratio of -1.16 and a beta of 1.94. Bridgeline Digital has a twelve month low of $0.71 and a twelve month high of $1.42. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.03.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $3.94 million during the quarter, compared to analyst estimates 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 business earned ($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.