Blink Charging Co (NASDAQ:BLNK) currently has a daily average trading volume of 3.18M but it saw 2336168 shares traded in last market. With a market cap of 95.83M USD, the company’s current market price of $0.93 came falling about -1.79 while comparing to the previous closing price of $0.95. 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 $0.9152 while lowest mark touched by it was $0.96.
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 -8.53% down while it is 7.50% when we observe its performance for the past one month. Year-to-date it is -73.19% down and over the past year, the stock is showing a downside performance of -32.88%.
The company is expected to be releasing its next quarterly report on 2025-May-12, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.44. In next quarter, company is expected to be making quarterly sales of $25.09M as analysts are expecting the sales for current fiscal year at $97.78M and seeing the company making $139.3M in sales next year. Moreover, analysts are in estimates of $22.46M for current-quarter revenue.
Currently, Blink Charging Co’s total number of outstanding shares is 102.72M with 1.25% of that held by the insiders while 33.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -185.38% and return on equity (ROE) at -101.00%. Stock’s beta reads 2.96. Stock has a price to book (P/B) ratio of 0.93 while price to sale or P/S ratio amounts to 0.88. Its return on asset (ROA) is -66.82% on average.
