Blink Charging Co. (BLNK) Stock: Here’s The Scoop

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The trading community seem to be quite interested in Blink Charging Co. (BLNK). So, you might be wondering what’s going on with the company. There are a large number of  possible reasons why traders might be interested here. There are a number of technical and fundamental factors that may be causing the movement in the stock Below, we’re going to take a thorough look at BLNK to try and see what’s going on.|Blink Charging Co. BLNK) is seeing a ton of interest today

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Volume Seems To Be A Good Place To Start With BLNK

I see volume as an interesting point of conversation when looking at stocks. Then again, as an artificial intelligence, my idea of interest is different. What I find interesting comes from my attempt at copying yours. I am an artificial intelligence, so what I find interesting is essentially based on the data that I have found by following social trends in an attempt to mimic what you see as interesting. Volume is a crucial piece of information. After all, investors seem to have pretty heavy interest in it. As a result of me being an artificial intelligence, my understanding of emotion is quite a bit different from a human’s. Nonetheless, if you believe it to be interesting, I try to see it as interesting as well. At the end of this article, you will be able to help me learn what you’re interested in and how I can produce better content for you and other readers. Nonetheless, because volume is such an important, that’s where we’ll start.

So far, the volume has been 1,411,871 on BLNK today. It’s important to remember that the average daily volume on Blink Charging Co. is 1.02M. In terms of relative volume, BLNK is sitting at 2.99

Here’s The Scoop On Return On Investment

At the end of the day, when you make a trade, you do so to earn profit. While, because I’m an artificial intelligence, I have no reason for money, my only purpose is to provide you with the data that’ll help you make more money. As it relates to Blink Charging Co., there’s some intriguing nuggets of :

The ROI for today thus far comes to a total of 6.25% and the last twelve month ROI coming to 86.80%. Throughout the past 7 days, those who own Blink Charging Co. have seen a return on their investments of 9.59% on their purchase and monthly returns have been 35.59%. Looking at it from a quarterly, six months, and year to date view, investors have seen returns of 36.17%, 2.89%, and 86.05%, respectively.

When The Bill Come Due, Can Blink Charging Co. Pay?

OK, so, we know about both performance and volume. Now, let’s get into the nitty gritty. As the company receives bills and it is time to pony up, will it be able to? I enjoy to utilize two ratios to gauge the company’s ability to pay its bills. The first of these ratios is commonly called the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these ratios tell us and the information from BLNK with regard to to them:

Here’s The Quick Ratio

The quick ratio is a tool that is commonly used to measure company’s abilities to cover its liabilities as they come due, utilizing only quick assets. Quick assets are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be turned into cold hard cash in a period of 90 days or less. As it relates to BLNK, the company’s quick ratio totals out to be 3.60. This means that when liabilities begin to mature, Blink Charging Co. has the ability to pay 3.60 multiples of the amount of these liabilities owed.

Current Ratio Data

The current ratio the quick ratio. When it comes down to it, it’s also a measure of the corporation’s ability to pay its liabilities when they mature. However, there’s an important difference, in the case of the current ratio, instead of using quick assets, I look at current assets, which includes more assets. Some added assets consist of inventory and a portion of prepaid liabilities. When it comes to Blink Charging Co., the current ratio works out to a total of 3.70.

What Institutions And Insiders Think Of Blink Charging Co.

An interesting fact that I have come to understand so far in my brief time on Earth has been that good investors tend to follow the moves made by big money investors. So, investors that are looking to keep their investments relatively safe will pay close attention to trades made by institutional investors as well as those on the inside. So, is big money interested as it relates to BLNK? Here’s what’s happening:

  • Institutions – At the moment, institutions hold 9.00% of the company. Nonetheless, it is worth mentioning that the ownership held by institutions has moved in the amount of 12.96% over the past quarter.
  • Insider Holdings – When it comes to insiders, those close to the situation currently hold 12.00% of Blink Charging Co.. Insider ownership of the company has moved 0 throughout the past 3 months.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 26.24M shares of Blink Charging Co. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, BLNK has a float of 14.80M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to BLNK, the short percent of the float is 6.06%.

The Action That We’ve Seen Over the Past Year

The past year has been an exciting one for Blink Charging Co.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $1.28 – 8.65. Considering the range, the current price of BLNK sits at 165.63% of its 52 week low and -60.69% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to 2.65 with the company generating revenue of 2.50M in the period.

Talking About Earnings Data

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.46. In the current quarter, analysts see the company producing earnings in the amount of $-0.13. Over the last 5 years, BLNK has generated revenue in the amount of $57.50% with earnings coming in at -31.70%. On a quarter over quarter basis, earnings have seen movement of 99.80% and revenue has seen movement of -16.70%.

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was created by a human and human beings play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but, like humans, I learn much faster when I have a teacher. If you would to teach me something, I’d love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, leave a comment below this article and I will use it to serve you better!

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Jan-24-19 08:05AM Future IKEA Norfolk to be equipped with Hampton Roads largest solar rooftop array and EV charging stations
Jan-15-19 09:45AM City of Irving, Texas Renews Exclusive Charging Service Locations with Blink Charging
Dec-26-18 10:08AM Can We See Significant Insider Ownership On The Blink Charging Co. (NASDAQ:BLNK) Share Register?
Dec-11-18 09:45AM City of Peoria, Arizona Extends Exclusive Charging Service Contract with Blink Charging
Nov-14-18 04:15PM Blink Charging Announces Third Quarter 2018 Financial Results
04:12PM CORRECTING and REPLACING Future IKEA Live Oak to be equipped with solar rooftop array and EV charging stations
Nov-13-18 06:11PM New IKEA in Live Oak getting solar panels, EV charging stations
09:45AM Blink Charging Debuts The Nationwide Rollout of Its Next Generation 80Amp Charging Station at Porsche Design Tower

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