Bridgeline Digital (NASDAQ:BLIN) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report sent to investors on Saturday. The firm issued a hold rating on the software maker’s stock.

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

Bridgeline Digital Price Performance

Bridgeline Digital stock opened at $1.74 on Friday. The business’s 50-day simple moving average is $1.41 and its 200 day simple moving average is $1.16. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.02. The stock has a market cap of $18.13 million, a price-to-earnings ratio of -9.16 and a beta of 1.86. Bridgeline Digital has a 12-month low of $0.75 and a 12-month high of $2.80.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, beating 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 posted ($0.02) EPS. As a group, research analysts anticipate that Bridgeline Digital will post -0.15 earnings per share for the current 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.