Bridgeline Digital Inc (BLIN)’s latest performance is not what we had anticipated

Bridgeline Digital Inc (NASDAQ: BLIN) kicked off on Friday, up 17.39% from the previous trading day, before settling in for the closing price of $1.15. Over the past 52 weeks, BLIN has traded in a range of $0.72-$1.42.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 13.11%. While this was happening, its average annual earnings per share was recorded -108.33%. With a float of $8.46 million, this company’s outstanding shares have now reached $10.42 million.

The extent of productivity of a business whose workforce counts for 55 workers is very important to gauge. In terms of profitability, gross margin is 63.36%, operating margin of -63.74%, and the pretax margin is -63.4%.

Bridgeline Digital Inc (BLIN) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Bridgeline Digital Inc is 18.79%, while institutional ownership is 3.78%. The most recent insider transaction that took place on Sep 13 ’24, was worth 2,600. In this transaction President and CEO of this company bought 2,500 shares at a rate of $1.04, taking the stock ownership to the 997,808 shares. Before that another transaction happened on Aug 22 ’24, when Company’s Director bought 20,603 for $0.89, making the entire transaction worth $18,337. This insider now owns 82,831 shares in total.

Bridgeline Digital Inc (BLIN) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -108.33% per share during the next fiscal year.

Bridgeline Digital Inc (NASDAQ: BLIN) Trading Performance Indicators

Take a look at Bridgeline Digital Inc’s (BLIN) current performance indicators. Last quarter, stock had a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.08.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.06 in one year’s time.

Technical Analysis of Bridgeline Digital Inc (BLIN)

The latest stats from [Bridgeline Digital Inc, BLIN] show that its last 5-days average volume of 0.14 million was superior to 43964.0 than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 62.10%. Additionally, its Average True Range was 0.08.

During the past 100 days, Bridgeline Digital Inc’s (BLIN) raw stochastic average was set at 81.94%, which indicates a significant increase from 67.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.31% in the past 14 days, which was higher than the 54.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1478, while its 200-day Moving Average is $1.0876. Now, the first resistance to watch is $1.5067. This is followed by the second major resistance level at $1.6633. The third major resistance level sits at $1.8467. If the price goes on to break the first support level at $1.1667, it is likely to go to the next support level at $0.9833. Assuming the price breaks the second support level, the third support level stands at $0.8267.

Bridgeline Digital Inc (NASDAQ: BLIN) Key Stats

The company with the Market Capitalisation of 16.51 million has total of 10,418K Shares Outstanding. Its annual sales at the moment are 15,890 K in contrast with the sum of -9,440 K annual income. Company’s last quarter sales were recorded 3,940 K and last quarter income was -310 K.