Blink Charging Co (NASDAQ: BLNK) kicked off on Monday, up 3.15% from the previous trading day, before settling in for the closing price of $0.84. Over the past 52 weeks, BLNK has traded in a range of $0.63-$3.75.
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During the last 5-year period, the sales growth of Industrials Sector giant was 134.72%. While this was happening, its average annual earnings per share was recorded 76.17%. With a float of $93.74 million, this company’s outstanding shares have now reached $101.97 million.
Let’s determine the extent of company efficiency that accounts for 594 employees. In terms of profitability, gross margin is 3.1%, operating margin of -157.8%, and the pretax margin is -157.77%.
Blink Charging Co (BLNK) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Engineering & Construction Industry. The insider ownership of Blink Charging Co is 8.74%, while institutional ownership is 32.92%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 76.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 56.32% during the next five years compared to -39.82% drop over the previous five years of trading.
Blink Charging Co (NASDAQ: BLNK) Trading Performance Indicators
Take a look at Blink Charging Co’s (BLNK) current performance indicators. Last quarter, stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.96, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.30 in one year’s time.
Technical Analysis of Blink Charging Co (BLNK)
Looking closely at Blink Charging Co (NASDAQ: BLNK), its last 5-days average volume was 2.49 million, which is a drop from its year-to-date volume of 3.88 million. As of the previous 9 days, the stock’s Stochastic %D was 85.80%. Additionally, its Average True Range was 0.06.
During the past 100 days, Blink Charging Co’s (BLNK) raw stochastic average was set at 19.71%, which indicates a significant decrease from 88.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.56% in the past 14 days, which was lower than the 72.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8566, while its 200-day Moving Average is $1.5202. However, in the short run, Blink Charging Co’s stock first resistance to watch stands at $0.8929. Second resistance stands at $0.9214. The third major resistance level sits at $0.9578. If the price goes on to break the first support level at $0.8280, it is likely to go to the next support level at $0.7916. Should the price break the second support level, the third support level stands at $0.7631.
Blink Charging Co (NASDAQ: BLNK) Key Stats
The company with the Market Capitalisation of 88.80 million has total of 102,717K Shares Outstanding. Its annual sales at the moment are 126,200 K in contrast with the sum of -198,130 K annual income. Company’s last quarter sales were recorded 30,180 K and last quarter income was -73,510 K.
