Bridgeline Digital (NASDAQ:BLIN) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report released on Thursday. The firm set a “hold” rating on the software maker’s stock.

Bridgeline Digital Stock Performance

Bridgeline Digital stock opened at $0.98 on Thursday. The firm’s 50 day simple moving average is $1.05 and its 200 day simple moving average is $1.04. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $10.21 million, a PE ratio of -1.02 and a beta of 1.92. Bridgeline Digital has a 1-year low of $0.70 and a 1-year high of $1.42.

Bridgeline Digital (NASDAQ:BLIN) last posted its earnings results on Tuesday, May 14th. The software maker reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. The business had revenue of $3.80 million for the quarter, compared to analyst estimates of $3.81 million. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. During the same quarter in the prior year, the firm posted ($0.05) EPS. As a group, analysts expect that Bridgeline Digital will post -0.22 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.