No matter how cynical the overall market is Blink Charging Co (BLNK) performance over the last week is recorded -7.27%

Blink Charging Co (NASDAQ: BLNK) kicked off on Friday, up 3.03% from the previous trading day, before settling in for the closing price of $1.98. Over the past 52 weeks, BLNK has traded in a range of $1.53-$4.66.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 137.90%. While this was happening, its average annual earnings per share was recorded 79.55%. With a float of $95.20 million, this company’s outstanding shares have now reached $101.15 million.

The extent of productivity of a business whose workforce counts for 706 workers is very important to gauge. In terms of profitability, gross margin is -4.06%, operating margin of -104.78%, and the pretax margin is -107.3%.

Blink Charging Co (BLNK) Insider Updates

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 35.91%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 79.55% 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 1.35.

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 -0.42 in one year’s time.

Technical Analysis of Blink Charging Co (BLNK)

The latest stats from [Blink Charging Co, BLNK] show that its last 5-days average volume of 3.91 million was inferior to 5.64 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.56%. Additionally, its Average True Range was 0.12.

During the past 100 days, Blink Charging Co’s (BLNK) raw stochastic average was set at 22.97%, which indicates a significant decrease from 29.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.58% in the past 14 days, which was lower than the 75.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.88, while its 200-day Moving Average is $2.60. Now, the first resistance to watch is $2.08. This is followed by the second major resistance level at $2.13. The third major resistance level sits at $2.17. If the price goes on to break the first support level at $1.99, it is likely to go to the next support level at $1.95. Assuming the price breaks the second support level, the third support level stands at $1.90.

Blink Charging Co (NASDAQ: BLNK) Key Stats

The company with the Market Capitalisation of 212.60 million has total of 101,151K 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.