Blink Charging Co (NASDAQ:BLNK) currently has a daily average trading volume of 4.54M but it saw 3320025 shares traded in last market. With a market cap of 107.24M USD, the company’s current market price of $1.06 came rising about 8.16 while comparing to the previous closing price of $0.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.75 and as low as $0.87.
Taking a look at 20-day trading activity of Blink Charging Co (BLNK) gives us an average price of $1.0411, while its current price level is -71.73% below from 52-week high level whereas it is 21.84% 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 $1.2643 while that of 200 days or SMA-200 reads an average of $2.0329. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.18% during that period while stretching the period over a month that decreases to 8.19%. 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 46.13 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 4.95% up while it is -9.40% when we observe its performance for the past one month. Year-to-date it is -23.74% down and over the past year, the stock is showing a downside performance of -65.13%.
The company is expected to be releasing its next quarterly report in April, 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 $126.76M and seeing the company making $152.35M in sales next year. Moreover, analysts are in estimates of $30.74M for current-quarter revenue.
Currently, Blink Charging Co’s total number of outstanding shares is 101.15M with 5.94% of that held by the insiders while 34.03% 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 2.97. Stock has a price to book (P/B) ratio of 0.55 while price to sale or P/S ratio amounts to 0.77. Its return on asset (ROA) is -43.17% on average.
