StockNews.com Initiates Coverage on Bridgeline Digital (NASDAQ:BLIN)

Analysts at StockNews.com assumed coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a research report issued on Tuesday. The brokerage set a “hold” rating on the software maker’s stock.

Bridgeline Digital Stock Performance

Shares of BLIN opened at $1.19 on Tuesday. The company has a 50-day simple moving average of $1.17 and a two-hundred day simple moving average of $0.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.71 and a quick ratio of 0.71. The firm has a market capitalization of $12.40 million, a PE ratio of -1.25 and a beta of 2.05. Bridgeline Digital has a one year low of $0.70 and a one year high of $1.43.

Bridgeline Digital (NASDAQ:BLIN) last announced its earnings results on Wednesday, February 14th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). Bridgeline Digital had a negative return on equity of 64.91% and a negative net margin of 64.13%. The firm had revenue of $3.76 million during the quarter, compared to analyst estimates of $3.78 million. On average, analysts anticipate that Bridgeline Digital will post -0.2 EPS for the current fiscal year.

About Bridgeline Digital

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.