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

Equities researchers at StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note issued to investors on Tuesday. The brokerage set a “hold” rating on the software maker’s stock.

Bridgeline Digital Stock Performance

Shares of Bridgeline Digital stock opened at $1.28 on Tuesday. The business’s fifty day simple moving average is $1.18 and its 200 day simple moving average is $0.94. The firm has a market capitalization of $13.34 million, a P/E ratio of -1.35 and a beta of 2.05. Bridgeline Digital has a 12 month low of $0.70 and a 12 month high of $1.43. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.04.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Wednesday, February 14th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.06). The firm had revenue of $3.76 million for the quarter, compared to analyst estimates of $3.78 million. Bridgeline Digital had a negative return on equity of 64.91% and a negative net margin of 64.13%. As a group, analysts anticipate 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.