Bridgeline Digital (NASDAQ:BLIN) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report released on Thursday. The brokerage issued a hold rating on the software maker’s stock.

Separately, Westpark Capital initiated coverage on Bridgeline Digital in a research report on Tuesday, July 23rd. They issued a hold rating on the stock.

Bridgeline Digital Stock Up 2.1 %

Shares of NASDAQ BLIN opened at $1.11 on Thursday. The company has a 50 day simple moving average of $0.92 and a 200 day simple moving average of $1.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. Bridgeline Digital has a 1 year low of $0.70 and a 1 year high of $1.42. The firm has a market cap of $11.56 million, a PE ratio of -1.16 and a beta of 1.94.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. Bridgeline Digital had a negative net margin of 62.72% and a negative return on equity of 84.86%. The firm had revenue of $3.94 million during the quarter, compared to the consensus estimate of $3.81 million. During the same quarter last year, the firm earned ($0.07) earnings per share. On average, research analysts forecast 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.