Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Bridgeline Digital (BLIN) Stock Price
News stories about Bridgeline Digital (NASDAQ:BLIN) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bridgeline Digital earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 46.0171254565699 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Bridgeline Digital (NASDAQ:BLIN) traded down $0.14 on Tuesday, reaching $2.64. 46,572 shares of the company’s stock were exchanged, compared to its average volume of 26,226. Bridgeline Digital has a 1 year low of $1.86 and a 1 year high of $5.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12.
Bridgeline Digital (NASDAQ:BLIN) last posted its quarterly earnings results on Monday, August 14th. The software maker reported ($0.05) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.05. Bridgeline Digital had a negative net margin of 29.84% and a negative return on equity of 9.85%. The firm had revenue of $4.07 million for the quarter, compared to the consensus estimate of $4.02 million. sell-side analysts anticipate that Bridgeline Digital will post -0.43 EPS for the current fiscal year.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Bridgeline Digital from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 25th. ValuEngine upgraded shares of Bridgeline Digital from a “strong sell” rating to a “sell” rating in a research note on Monday, October 2nd.
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In other Bridgeline Digital news, insider Roger E. Kahn purchased 18,975 shares of the firm’s stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $2.63 per share, for a total transaction of $49,904.25. Following the completion of the purchase, the insider now directly owns 659,869 shares of the company’s stock, valued at $1,735,455.47. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 33.83% of the stock is owned by insiders.
About Bridgeline Digital
Bridgeline Digital, Inc is a digital engagement company. The Company’s iAPPS platform is a Web Engagement Management (WEM) platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver digital experiences that engage and convert their customers across all channels.
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