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

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

Bridgeline Digital Stock Performance

NASDAQ:BLIN opened at $1.29 on Friday. The company has a fifty day simple moving average of $1.12 and a two-hundred day simple moving average of $0.90. The company has a market cap of $13.44 million, a price-to-earnings ratio of -1.36 and a beta of 2.10. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.04. Bridgeline Digital has a 52 week low of $0.70 and a 52 week high of $1.43.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings data on Wednesday, February 14th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). The business had revenue of $3.76 million during the quarter, compared to analysts’ expectations of $3.78 million. Bridgeline Digital had a negative net margin of 64.13% and a negative return on equity of 64.91%. As a group, equities analysts anticipate that Bridgeline Digital will post -0.2 earnings per share 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.