A new trading day began on Monday, with Blink Charging Co (NASDAQ: BLNK) stock price down -3.28% from the previous day of trading, before settling in for the closing price of $1.22. BLNK’s price has ranged from $1.15 to $3.75 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 170.96% over the past five years. Meanwhile, its annual earnings per share averaged 59.66%. With a float of $92.25 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Engineering & Construction Industry. The insider ownership of Blink Charging Co is 8.82%, while institutional ownership is 35.67%. 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 59.66% per share during the next fiscal year.
Blink Charging Co (NASDAQ: BLNK) Trading Performance Indicators
Here are Blink Charging Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86.
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 4.13 million, a negative change from its year-to-date volume of 4.58 million. As of the previous 9 days, the stock’s Stochastic %D was 17.36%. Additionally, its Average True Range was 0.10.
During the past 100 days, Blink Charging Co’s (BLNK) raw stochastic average was set at 2.56%, which indicates a significant decrease from 6.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.26% in the past 14 days, which was lower than the 73.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4981, while its 200-day Moving Average is $2.2174. Nevertheless, the first resistance level for the watch stands at $1.2100 in the near term. At $1.2400, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2700. If the price goes on to break the first support level at $1.1500, it is likely to go to the next support level at $1.1200. Assuming the price breaks the second support level, the third support level stands at $1.0900.
Blink Charging Co (NASDAQ: BLNK) Key Stats
With a market capitalization of 119.38 million, the company has a total of 101,175K Shares Outstanding. Currently, annual sales are 140,600 K while annual income is -203,690 K. The company’s previous quarter sales were 25,190 K while its latest quarter income was -87,390 K.
