Bridgeline Digital (NASDAQ:BLIN) Coverage Initiated at StockNews.com

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

Separately, Westpark Capital began coverage on shares of Bridgeline Digital in a report on Tuesday, July 23rd. They set a hold rating on the stock.

Bridgeline Digital Stock Performance

Shares of Bridgeline Digital stock traded down $0.04 on Friday, reaching $0.85. 26,714 shares of the stock were exchanged, compared to its average volume of 43,584. Bridgeline Digital has a 1-year low of $0.70 and a 1-year high of $1.42. 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 business has a fifty day moving average price of $0.99 and a two-hundred day moving average price of $1.04. The firm has a market capitalization of $8.87 million, a PE ratio of -0.89 and a beta of 1.92.

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