On Monday, Blink Charging Co (NASDAQ: BLNK) opened higher 5.88% from the last session, before settling in for the closing price of $1.53. Price fluctuations for BLNK have ranged from $1.48 to $4.48 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted 59.66% at the time writing. With a float of $95.23 million, this company’s outstanding shares have now reached $101.17 million.
In an organization with 706 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -7.24%, operating margin of -102.33%, and the pretax margin is -103.7%.
Blink Charging Co (BLNK) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Engineering & Construction industry is another important factor to consider. The insider ownership of Blink Charging Co is 5.88%, while institutional ownership is 35.69%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.28 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.26) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 59.66% per share during the next fiscal year.
Blink Charging Co (NASDAQ: BLNK) Trading Performance Indicators
Check out the current performance indicators for Blink Charging Co (BLNK). In the past quarter, the stock posted a quick ratio of 1.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.46 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 4.67 million. That was inferior than the volume of 5.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.96%. Additionally, its Average True Range was 0.14.
During the past 100 days, Blink Charging Co’s (BLNK) raw stochastic average was set at 6.17%, which indicates a significant decrease from 23.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.96% in the past 14 days, which was higher than the 83.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8591, while its 200-day Moving Average is $2.5354. However, in the short run, Blink Charging Co’s stock first resistance to watch stands at $1.7000. Second resistance stands at $1.7800. The third major resistance level sits at $1.8600. If the price goes on to break the first support level at $1.5400, it is likely to go to the next support level at $1.4600. The third support level lies at $1.3800 if the price breaches the second support level.
Blink Charging Co (NASDAQ: BLNK) Key Stats
There are currently 101,175K shares outstanding in the company with a market cap of 163.90 million. Presently, the company’s annual sales total 140,600 K according to its annual income of -203,690 K. Last quarter, the company’s sales amounted to 25,190 K and its income totaled -87,390 K.
