Blink Charging Co (NASDAQ:BLNK) currently has a daily average trading volume of 4.42M but it saw 1727974 shares traded in last market. With a market cap of 101.18M USD, the company’s current market price of $1.00 came falling about -2.91 while comparing to the previous closing price of $1.03. 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. In the recent trading on the day, stock has struck highest price mark of $0.9874 while lowest mark touched by it was $1.03.
Taking a look at 20-day trading activity of Blink Charging Co (BLNK) gives us an average price of $0.9910, while its current price level is -73.33% below from 52-week high level whereas it is 14.94% 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 $1.1576 while that of 200 days or SMA-200 reads an average of $1.9253. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.58% during that period while stretching the period over a month that increases to 9.08%. 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 46.18 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 11.07% up while it is -8.26% when we observe its performance for the past one month. Year-to-date it is -28.06% down and over the past year, the stock is showing a downside performance of -63.17%.
Currently, Blink Charging Co’s total number of outstanding shares is 101.17M with 5.93% of that held by the insiders while 34.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -98.00% and return on equity (ROE) at -69.69%. Stock’s beta reads 2.91. Stock has a price to book (P/B) ratio of 0.52 while price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is -43.17% on average.
