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

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

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

Bridgeline Digital Stock Performance

NASDAQ:BLIN opened at $1.25 on Wednesday. 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 company has a market capitalization of $13.02 million, a P/E ratio of -1.36 and a beta of 1.95. The firm has a 50-day moving average price of $1.20 and a two-hundred day moving average price of $1.07. Bridgeline Digital has a twelve month low of $0.75 and a twelve month high of $1.95.

Bridgeline Digital (NASDAQ:BLIN) last issued its quarterly earnings data on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate 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 in the prior year, the company earned ($0.02) EPS. As a group, research analysts expect 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.