Bridgeline Digital (NASDAQ:BLIN) Receives New Coverage from Analysts at Westpark Capital

Westpark Capital initiated coverage on shares of Bridgeline Digital (NASDAQ:BLIN) in a report published on Tuesday morning, Benzinga reports. The firm issued a hold rating on the software maker’s stock.

Separately, StockNews.com assumed coverage on Bridgeline Digital in a research note on Thursday, July 18th. They issued a hold rating for the company.

Bridgeline Digital Trading Down 4.2 %

Shares of BLIN opened at $0.94 on Tuesday. Bridgeline Digital has a fifty-two week low of $0.70 and a fifty-two week high of $1.42. The firm has a market cap of $9.79 million, a price-to-earnings ratio of -0.98 and a beta of 1.92. The firm has a 50 day moving average price of $1.03 and a 200-day moving average price of $1.04. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.69 and a current ratio of 0.69.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Tuesday, May 14th. The software maker reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Bridgeline Digital had a negative net margin of 65.95% and a negative return on equity of 74.05%. The company had revenue of $3.80 million for the quarter, compared to analysts’ expectations of $3.81 million. During the same quarter last year, the company earned ($0.05) EPS. As a group, equities research analysts forecast that Bridgeline Digital will post -0.22 earnings per share for the current year.

Bridgeline Digital Company Profile

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.