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

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

Separately, Westpark Capital started coverage on shares of Bridgeline Digital in a research note on Tuesday, July 23rd. They issued a hold rating for the company.

Bridgeline Digital Trading Down 2.1 %

Shares of BLIN opened at $0.94 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a 50 day simple moving average of $1.02 and a 200-day simple moving average of $1.04. Bridgeline Digital has a 1-year low of $0.70 and a 1-year high of $1.42. The stock has a market cap of $9.79 million, a price-to-earnings ratio of -0.98 and a beta of 1.92.

Bridgeline Digital (NASDAQ:BLIN) last issued its quarterly earnings data 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. 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 during the quarter, compared to analysts’ expectations of $3.81 million. During the same period last year, the company posted ($0.05) EPS. Equities analysts forecast that Bridgeline Digital will post -0.22 EPS 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.