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

Stock analysts at StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report issued on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.

Separately, Westpark Capital reaffirmed a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday.

Bridgeline Digital Price Performance

Shares of NASDAQ:BLIN opened at $1.45 on Wednesday. The company’s fifty day moving average price is $1.20 and its 200-day moving average price is $1.07. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $15.11 million, a price-to-earnings ratio of -1.58 and a beta of 1.95. Bridgeline Digital has a one year low of $0.75 and a one year high of $1.95.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same quarter in the prior year, the business earned ($0.02) EPS. On average, equities research analysts anticipate that Bridgeline Digital will post -0.2 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.