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

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

Separately, Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a research report on Tuesday, December 24th.

Bridgeline Digital Trading Up 1.3 %

NASDAQ BLIN opened at $1.60 on Thursday. The firm has a market cap of $16.67 million, a PE ratio of -1.74 and a beta of 1.95. Bridgeline Digital has a 1-year low of $0.75 and a 1-year high of $1.95. The stock has a 50-day moving average of $1.25 and a 200-day moving average of $1.09. 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 announced its quarterly earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the firm posted ($0.02) EPS. As a group, sell-side analysts forecast that Bridgeline Digital will post -0.2 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.