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

StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report issued to clients and investors on Saturday. 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 research report on Tuesday, December 24th.

Bridgeline Digital Trading Up 4.2 %

Shares of NASDAQ:BLIN opened at $1.74 on Friday. Bridgeline Digital has a 12-month low of $0.75 and a 12-month high of $2.80. The stock has a market cap of $18.13 million, a PE ratio of -9.16 and a beta of 1.86. The business has a 50 day moving average of $1.41 and a 200-day moving average of $1.16. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.02.

Bridgeline Digital (NASDAQ:BLIN) last issued its quarterly earnings results 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 14.75% and a negative net margin of 12.77%. During the same period in the previous year, the company earned ($0.02) earnings per share. As a group, equities research analysts forecast that Bridgeline Digital will post -0.15 earnings per share 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.