Blink Charging Co (NASDAQ:BLNK) currently has a daily average trading volume of 4.05M but it saw 6168749 shares traded in last market. With a market cap of 70.09M USD, the company’s current market price of $0.69 came falling about -8.78 while comparing to the previous closing price of $0.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.75 and as low as $0.63. In the recent trading on the day, stock has struck highest price mark of $0.6713 while lowest mark touched by it was $0.7473.
Taking a look at 20-day trading activity of Blink Charging Co (BLNK) gives us an average price of $0.9238, while its current price level is -81.53% below from 52-week high level whereas it is 9.95% 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 $1.0021 while that of 200 days or SMA-200 reads an average of $1.7638. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.61% during that period while stretching the period over a month that decreases to 9.02%. 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 26.54 which implies that the stock is in oversold 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 -21.39% down while it is -29.09% when we observe its performance for the past one month. Year-to-date it is -50.16% down and over the past year, the stock is showing a downside performance of -73.86%.
The company is expected to be releasing its next quarterly report on 2025-Mar-12, for which analysts forecasted an EPS of -0.12 while estimate for next year EPS is -0.42. In next quarter, company is expected to be making quarterly sales of $29.71M as analysts are expecting the sales for current fiscal year at $126.4M and seeing the company making $167.66M in sales next year. Moreover, analysts are in estimates of $27.6M for current-quarter revenue.
Currently, Blink Charging Co’s total number of outstanding shares is 101.97M with 5.93% of that held by the insiders while 33.95% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -157.30% and return on equity (ROE) at -97.10%. Stock’s beta reads 3.34. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 0.56. Its return on asset (ROA) is -61.29% on average.
