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

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

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

Bridgeline Digital Trading Up 2.3 %

Bridgeline Digital stock opened at $0.90 on Tuesday. 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’s fifty day simple moving average is $0.90 and its two-hundred day simple moving average is $1.05. Bridgeline Digital has a 12 month low of $0.70 and a 12 month high of $1.42. The company has a market capitalization of $9.38 million, a price-to-earnings ratio of -0.94 and a beta of 1.92.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. Bridgeline Digital had a negative return on equity of 74.05% and a negative net margin of 65.95%. The firm had revenue of $3.94 million during the quarter, compared to analysts’ expectations of $3.81 million. During the same quarter in the previous year, the business earned ($0.07) earnings per share. As a group, equities analysts predict 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.