Bridgeline Digital (NASDAQ:BLIN) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report sent to investors on Monday. The brokerage issued a buy rating on the software maker’s stock.

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

Bridgeline Digital Stock Up 5.6 %

Bridgeline Digital stock opened at $2.09 on Monday. The company has a 50 day moving average of $1.55 and a 200-day moving average of $1.22. 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 has a twelve month low of $0.75 and a twelve month high of $2.80. The stock has a market capitalization of $21.78 million, a PE ratio of -11.00 and a beta of 1.88.

Bridgeline Digital (NASDAQ:BLIN) last released its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm posted ($0.02) earnings per share. On average, equities research analysts anticipate that Bridgeline Digital will post -0.15 EPS for the current fiscal 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.