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

Analysts at StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research note issued on Monday. The firm set a “buy” rating on the software maker’s stock.

Separately, Westpark Capital restated a “hold” rating on shares of Bridgeline Digital in a research report on Tuesday, December 24th.

Bridgeline Digital Trading Down 5.7 %

Shares of BLIN stock opened at $1.97 on Monday. The firm has a fifty day moving average of $1.56 and a 200-day moving average of $1.23. The stock has a market cap of $20.53 million, a price-to-earnings ratio of -10.37 and a beta of 1.88. Bridgeline Digital has a 52-week low of $0.75 and a 52-week high of $2.80. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.62 and a current ratio of 0.62.

Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same period last year, the firm earned ($0.02) earnings per share. On average, equities research analysts forecast that Bridgeline Digital will post -0.15 earnings per share for the current fiscal 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.