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

StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report published on Sunday. The brokerage issued a hold rating on the software maker’s stock.

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

Bridgeline Digital Trading Down 0.5 %

Shares of BLIN stock opened at $1.83 on Friday. The firm’s 50-day simple moving average is $1.48 and its 200-day simple moving average is $1.19. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.62 and a quick ratio of 0.62. Bridgeline Digital has a 1-year low of $0.75 and a 1-year high of $2.80. The firm has a market cap of $19.07 million, a P/E ratio of -9.63 and a beta of 1.86.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same quarter in the prior year, the company earned ($0.02) EPS. As a group, equities analysts forecast that Bridgeline Digital will post -0.15 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.