Bridgeline Digital (NASDAQ:BLIN) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note released on Tuesday. The firm issued a hold rating on the software maker’s stock.

Bridgeline Digital Stock Down 6.4 %

BLIN stock opened at $0.88 on Tuesday. The firm has a market cap of $9.17 million, a PE ratio of -0.92 and a beta of 1.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.69 and a current ratio of 0.69. The firm’s fifty day moving average is $1.13 and its 200 day moving average is $1.03. Bridgeline Digital has a one year low of $0.70 and a one year high of $1.43.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Tuesday, May 14th. The software maker reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.04. The company had revenue of $3.80 million for the quarter, compared to analyst estimates of $3.81 million. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. During the same quarter last year, the business earned ($0.05) earnings per share. On average, research analysts forecast that Bridgeline Digital will post -0.22 EPS 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.