Blink Charging Co (NASDAQ:BLNK) currently has a daily average trading volume of 4.96M but it saw 4509395 shares traded in last market. With a market cap of 116.36M USD, the company’s current market price of $1.15 came falling about -1.71 while comparing to the previous closing price of $1.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.75 and as low as $1.15. In the recent trading on the day, stock has struck highest price mark of $1.14 while lowest mark touched by it was $1.19.
Taking a look at 20-day trading activity of Blink Charging Co (BLNK) gives us an average price of $1.3572, while its current price level is -69.33% 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 $1.4828 while that of 200 days or SMA-200 reads an average of $2.2053. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.94% during that period while stretching the period over a month that increases to 6.60%. 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 30.42 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 -5.74% down while it is -28.12% when we observe its performance for the past one month. Year-to-date it is -17.27% down and over the past year, the stock is showing a downside performance of -52.48%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.16 while estimate for next year EPS is -0.63. 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 with 5.80% of that held by the insiders while 35.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -71.38% and return on equity (ROE) at -69.69%. Stock’s beta reads 2.84. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 0.84. Its return on asset (ROA) is -43.17% on average.
