Bridgeline Digital (NASDAQ:BLIN) Stock Price Crosses Above 200 Day Moving Average of $1.06

Bridgeline Digital, Inc. (NASDAQ:BLIN)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.06 and traded as high as $1.10. Bridgeline Digital shares last traded at $1.09, with a volume of 15,689 shares traded.

Wall Street Analysts Forecast Growth

BLIN has been the topic of a number of research analyst reports. StockNews.com started coverage on Bridgeline Digital in a research note on Thursday. They issued a “hold” rating on the stock. Westpark Capital began coverage on Bridgeline Digital in a research note on Tuesday, July 23rd. They issued a “hold” rating on the stock.

Bridgeline Digital Trading Up 1.9 %

The company has a fifty day simple moving average of $0.92 and a two-hundred day simple moving average of $1.06. 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 cap of $11.36 million, a PE ratio of -1.14 and a beta of 1.94.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings data on Wednesday, August 14th. The software maker reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $3.94 million for the quarter, compared to the consensus estimate 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 quarter in the prior year, the business posted ($0.07) EPS. Analysts anticipate that Bridgeline Digital, Inc. will post -0.2 EPS for the current 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.