Bridgeline Digital Inc (NASDAQ:BLIN) does about 90.92K shares in volume on a normal day but saw 226441 shares change hands in the recent trading day. The company now has a market cap of 11.15M USD. Its current market price is $1.25, marking a decrease of -14.38% compared to the previous close of $1.46. The 52 week high reached by this stock is $1.95 whilst the lowest price level in 52 weeks is $0.75.
Bridgeline Digital Inc (BLIN) has a 20-day trading average at $1.3055 and the current price is -35.90% off the 52-week high compared with 66.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1971 and its 200-day simple moving average is $1.1062. If we look at the stock’s price movements over the week, volatility stands at 22.59%, which decreases to 11.49% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.10 to suggest the stock is neutral.
The consensus objective for the share price is $1.46, suggesting that the stock has a potential upside of 14.38% over the period.
The current price level is -4.47%, 4.31%, and 12.97% away from its SMA20, SMA50, and SMA200 respectively, with the BLIN price moving below the 50-day SMA on current market day. Bridgeline Digital Inc (BLIN) stock is down -4.68% over the week and 16.96% over the past month. Its price is 50.57% year-to-date and 56.18% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.0 and 0.03 for whole year. Expected sales for next quarter are $4.14M, which analysts say will come at $16.74M for the current fiscal year and next year at $17.7M. In addition, estimates put the company’s current quarterly revenue at an average of $4.04M.
To reach the target analysts have set, the stock logically needs to grow 14.38 percent from here.
The company has a return on investment of -19.12% and return on equity of -18.27%. The forward price to earnings ratio is 17.86. The beta has a value of 1.92. Price to book ratio is 1.30 and price to sales ratio is 0.73.
