On Monday, Blink Charging Co (NASDAQ: BLNK) was 1.89% up from the session before settling in for the closing price of $1.59. A 52-week range for BLNK has been $1.48 – $4.48.
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Annual sales at Industrials sector company grew by 137.90% over the past five years. When this article was written, the company’s average yearly earnings per share was at 59.66%. With a float of $95.23 million, this company’s outstanding shares have now reached $101.15 million.
Let’s look at the performance matrix of the company that is accounted for 706 employees. In terms of profitability, gross margin is -8.0%, operating margin of -103.06%, and the pretax margin is -104.44%.
Blink Charging Co (BLNK) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Blink Charging Co stocks. The insider ownership of Blink Charging Co is 5.88%, while institutional ownership is 35.68%. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.28 earnings per share (EPS) during the time that was less than consensus figure (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
You can see what Blink Charging Co (BLNK) is doing with its current performance indicators. In the most recent 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 1.20.
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)
Blink Charging Co (NASDAQ: BLNK) saw its 5-day average volume 4.38 million, a negative change from its year-to-date volume of 5.63 million. As of the previous 9 days, the stock’s Stochastic %D was 50.00%. Additionally, its Average True Range was 0.12.
During the past 100 days, Blink Charging Co’s (BLNK) raw stochastic average was set at 6.17%, which indicates a significant decrease from 41.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.60% in the past 14 days, which was lower than the 82.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8407, while its 200-day Moving Average is $2.5038. Nevertheless, the first resistance level for the watch stands at $1.6483 in the near term. At $1.6767, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7133. If the price goes on to break the first support level at $1.5833, it is likely to go to the next support level at $1.5467. Assuming the price breaks the second support level, the third support level stands at $1.5183.
Blink Charging Co (NASDAQ: BLNK) Key Stats
There are 101,175K outstanding shares of the company, which has a market capitalization of 167.06 million. As of now, sales total 140,600 K while income totals -203,690 K. Its latest quarter income was 25,190 K while its last quarter net income were -87,390 K.
