Blink Charging Co (NASDAQ:BLNK) currently has a daily average trading volume of 4.85M but it saw 4587504 shares traded in last market. With a market cap of 147.71M USD, the company’s current market price of $1.46 came falling about -2.67 while comparing to the previous closing price of $1.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.48 and as low as $1.46. In the recent trading on the day, stock has struck highest price mark of $1.45 while lowest mark touched by it was $1.53.
Taking a look at 20-day trading activity of Blink Charging Co (BLNK) gives us an average price of $1.5872, while its current price level is -67.41% below from 52-week high level whereas it is 0.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.7926 while that of 200 days or SMA-200 reads an average of $2.4069. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.39% during that period while stretching the period over a month that decreases to 6.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.23 which implies that the stock is in neutral territory.
UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 14, 2024 while assigning a price target range of $3-$2. The Benchmark Company issued its recommendations for the stock as it initiated the price target for the stock is $5.
Over the week, BLNK’s stock price is moving -8.18% down while it is -5.81% when we observe its performance for the past one month. Year-to-date it is -56.93% down and over the past year, the stock is showing a downside performance of -56.29%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of -0.14 while estimate for next year EPS is -0.6. In next quarter, company is expected to be making quarterly sales of $34.43M as analysts are expecting the sales for current fiscal year at $126.8M and seeing the company making $158.86M in sales next year. Moreover, analysts are in estimates of $30.77M for current-quarter revenue.
Currently, Blink Charging Co’s total number of outstanding shares is 101.15M. Company’s return on investment (ROI) stands at -71.38% and return on equity (ROE) at -69.69%. Stock’s beta reads 2.59. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 1.06. Its return on asset (ROA) is -43.17% on average.
