Bridgeline Digital (NASDAQ:BLIN) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a note issued to investors on Wednesday. The firm set a “hold” rating on the software maker’s stock.

Separately, Westpark Capital initiated coverage on shares of Bridgeline Digital in a research note on Tuesday, July 23rd. They issued a “hold” rating for the company.

Bridgeline Digital Trading Up 8.1 %

NASDAQ:BLIN opened at $1.07 on Wednesday. The company has a market capitalization of $11.15 million, a PE ratio of -1.11 and a beta of 1.92. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03. Bridgeline Digital has a 52-week low of $0.70 and a 52-week high of $1.42. The stock has a fifty day simple moving average of $0.90 and a 200-day simple moving average of $1.06.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings results on Wednesday, August 14th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The business had revenue of $3.94 million during the quarter, compared to the consensus estimate of $3.81 million. Bridgeline Digital had a negative return on equity of 84.86% and a negative net margin of 62.72%. During the same quarter in the previous year, the company posted ($0.07) EPS. On average, equities research analysts expect that Bridgeline Digital will post -0.2 earnings per share 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.