Bridgeline Digital, Inc. (NASDAQ:BLIN) is one of the stocks that are taking the center stage today as the company shares are trading 9.37% or 0.015 points higher from last closing price of $0.16, reaching $0.175 at last check. So what’s going on with BLIN shares anyway? The price is gaining for the fifth day in a row and has risen in 1 of the last 5 days and is down -35.4% over the past week. It will be exciting to see whether the stock manages to continue increasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 789,867 shares, and in total 1.829 million shares valued at $320069 were seen changing hands compared with 1.039 million shares valued at $166256 recorded at the previous session. You should take into consideration that a greater volume on higher prices causes bullish signal for the market. It shows the sentiment is in an uptrend and more and more traders want to enter in the BLIN stock.
Bridgeline Digital, Inc. (BLIN) shares have notched a 3-month decline of about -35.4%, but has still tumbled -30.09% year to date. By comparison, the stock sank -90.82% over the past 12 months, while it slipped -15% over the 1 month. The company’s market cap is around $2.81M, with its short interest ratio standing at 0.54%.
In the current trading session for BLIN, the stock witnessed two major price actions, it rose to a high of $0.1835 and was down as much as $0.153 at one point. The high recorded is very low when compared to their 52-week high which is $0.15. The 52-week high is now at -95.19 distance from current price. Their recent low of $3.75 represents a 17.19% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for BLIN is $4.2, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Bridgeline Digital, Inc. earned $-2.11 per share in the trailing 12 months and has a P/E ratio of -0.08. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 35.65 and lower compared to the sector’s average of 11.78. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. BLIN also has P/S multiple of 0.25. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 8.21x.
BLIN‘s last price was down -68.65% as compared to the average trading price of 50 days recorded at $0.56 while enlarging the period to 200 trading days, the average closing price was $0.2. At present, there are 17.39 million in the total number of common shares owned by the public and among those 13.08 million shares have been available to trade. The percentage of shares being held by the company management was 12.4% while institutions stake was 16.1%. The company has generated negative returns on equity over the last 12 months (-200.3%). It managed to keep its gross profit margin at 48.8% over the past 12 months.
When assessing the full upside of the BLIN stock, there is another set of technicals that should be looked into and considered. Its -2.07% decline from moving average of $0.18 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 1.65 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
In the last five years, the EPS of the company has been roughly 21%. Though the percentage looks encouraging, extra headwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will decrease annually by 0%. The revenue of the company has retreated at an average annualized rate of about -11.2 over the last five years. The company recently recorded a drop of -40%, but this figure is rather unattractive.