Blink Charging Co (NASDAQ: BLNK) kicked off on Friday, up 10.11% from the previous trading day, before settling in for the closing price of $1.78. Over the past 52 weeks, BLNK has traded in a range of $1.53-$4.66.
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A company in the Industrials sector has jumped its sales by 137.90% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 79.81%. With a float of $95.20 million, this company’s outstanding shares have now reached $101.15 million.
In an organization with 706 employees, it is important to assess its efficiency.
Blink Charging Co (BLNK) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Engineering & Construction Industry. The insider ownership of Blink Charging Co is 5.88%, while institutional ownership is 35.93%. The most recent insider transaction that took place on Sep 26 ’24, was worth 34,000. In this transaction Director of this company bought 20,000 shares at a rate of $1.70, taking the stock ownership to the 175,718 shares. Before that another transaction happened on Sep 19 ’24, when Company’s Director sold 24,077 for $1.80, making the entire transaction worth $43,377. This insider now owns 0 shares in total.
Blink Charging Co (BLNK) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 79.81% per share during the next fiscal year.
Blink Charging Co (NASDAQ: BLNK) Trading Performance Indicators
Take a look at Blink Charging Co’s (BLNK) current performance indicators. Last quarter, stock had a quick ratio of 2.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.33, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.36 in one year’s time.
Technical Analysis of Blink Charging Co (BLNK)
Let’s dig in a bit further. During the last 5-days, its volume was 4.47 million. That was inferior than the volume of 5.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 65.64%. Additionally, its Average True Range was 0.13.
During the past 100 days, Blink Charging Co’s (BLNK) raw stochastic average was set at 19.37%, which indicates a significant decrease from 91.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.77% in the past 14 days, which was lower than the 75.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0638, while its 200-day Moving Average is $2.6985. However, in the short run, Blink Charging Co’s stock first resistance to watch stands at $2.0450. Second resistance stands at $2.1300. The third major resistance level sits at $2.2700. If the price goes on to break the first support level at $1.8200, it is likely to go to the next support level at $1.6800. The third support level lies at $1.5950 if the price breaches the second support level.
Blink Charging Co (NASDAQ: BLNK) Key Stats
The company with the Market Capitalisation of 198.25 million has total of 101,060K Shares Outstanding. Its annual sales at the moment are 140,600 K in contrast with the sum of -203,690 K annual income. Company’s last quarter sales were recorded 33,260 K and last quarter income was -20,060 K.
