Bridgeline Digital Inc (BLIN) 20 Days SMA touches -4.47%: The odds favor the bear

A new trading day began on Tuesday, with Bridgeline Digital Inc (NASDAQ: BLIN) stock price down -14.38% from the previous day of trading, before settling in for the closing price of $1.46. BLIN’s price has ranged from $0.75 to $1.95 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 12.33%. Meanwhile, its annual earnings per share averaged 200.00%. With a float of $8.38 million, this company’s outstanding shares have now reached $10.42 million.

Considering the fact that the conglomerate employs 55 people, you should pay attention to its efficiency factor. 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 Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Bridgeline Digital Inc is 19.51%, 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) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 200.00% per share during the next fiscal year.

Bridgeline Digital Inc (NASDAQ: BLIN) Trading Performance Indicators

Here are Bridgeline Digital Inc’s current performance indicators. According to the last quarter’s results, the 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 0.85.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.07 in one year’s time.

Technical Analysis of Bridgeline Digital Inc (BLIN)

Compared to the last year’s volume of 57633.0, its volume of 0.59 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.80%. Additionally, its Average True Range was 0.15.

During the past 100 days, Bridgeline Digital Inc’s (BLIN) raw stochastic average was set at 41.18%, which indicates a significant increase from 13.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.64% in the past 14 days, which was higher than the 65.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1971, while its 200-day Moving Average is $1.1062. Nevertheless, the first resistance level for the watch stands at $1.3933 in the near term. At $1.5367, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6233. If the price goes on to break the first support level at $1.1633, it is likely to go to the next support level at $1.0767. Should the price break the second support level, the third support level stands at $0.9333.

Bridgeline Digital Inc (NASDAQ: BLIN) Key Stats

With a market capitalization of 13.02 million, the company has a total of 10,418K Shares Outstanding. Currently, annual sales are 15,890 K while annual income is -9,440 K. The company’s previous quarter sales were 3,940 K while its latest quarter income was -310 K.