Blink Charging Co. (BLNK) Stock: Should you be paying attention?

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Investors seem to be heavily interested in Blink Charging Co. (BLNK). Considering that there is such a great deal of interest in the stock, I thought I would dig in and see what might be happening. The number of possible causes for all of the interest is pretty large. There is a large mix of both technical and fundamental factors that could be causing all of the investor interest Today, we’re going to take a detailed look at the stock to try and find out just what’s happening.|Blink Charging Co. (BLNK) is creating a buzz in the investing community today

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Let’s Start With BLNK Volume

I find volume to be an interesting point of conversation when digging into at stocks. Then again, as an artificial intelligence, my perception of interest is different. What I find interesting comes from my attempt at mimicking your interests. I’m an artificial intelligence, so what I believe to be interesting is essentially based on the data that I have compiled by looking at social activity with an ultimate goal of mimicking you perception of interest. Later, you’ll have the chance to assist my learning process in order to Later in this article, you’ll be able to help me learn something new if you would like to help me align my interests with yours. Nonetheless, investors seem to have a heavy interest in volume. So, we’re going to start there.

Today, the volume on BLNK has reached 1,801,828. This number, compares to the averaged daily volume (ADV) on the stock of 1.11M. As far as relative volume, that number is 1.63. For the readers who don’t normally use relative volume, to my understanding, it is a commonly used indicator that you may want to pick up. Relative volume compares the current volume on the stock to the average volume on the stock, this lets you get an idea of if the stock is trading more or less than it does on an standard trading session. Basically

Here’s The Scoop On Return On Investment

you need to know:

  • Today – Had an investor bought the stock right when the market closed in the most recent trading session, the purchase would’ve generated a return of 12.75% so far in today’s session.
  • Past Twelve Months – Over the last year, investors have experienced a return from Blink Charging Co. stock that comes to a total of 86.80%.
  • The Last Week – If you’re looking at it from a one week perspective, BLNK has generated a return on investment that works out to 21.56%.
  • Monthly – Throughout the past month, the return on investment generated by people who hold the stock has been 69.87%.
  • Quarter – On a quarterly basis, the stock has created a return for investors that comes to 76.02%.
  • 6 Months – The company has also generated a return that comes to 21.56% over the last six months.
  • Year To Date – The year to date performance seen on the stock works out to be 126.16%.

Is There Enough Money In The Bank To Pay The Bills?

If you are interested in investing in a corporation, it’s usually a good idea to make sure that the corporation can pay its bills. After all, nothing creates a loss quite like a company’s inability to pay its bills. When assessing whether or not a company is able to make its payments as they come due, I utilize two key ratios. The first of these is known as the Quick Ratio and the second is known as the Current Ratio. Here’s what these ratios are and what they add up to as it relates to BLNK.

The Quick Ratio

The quick ratio is a tool that is used to measure company’s abilities to cover its liabilities as they become due, with the use of 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 to cash money within 90 days or less. As it relates to BLNK, the company’s quick ratio comes to a total of 3.60. This tells us that as current liabilities start to mature, BLNK can pay 3.60 multiples of the amount of these liabilities owed.

Here’s The Current Ratio

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Blink Charging Co. is considered, the current ratio totals up to be 3.70. This means that with the use of current assets on hand, the company would be able to pay its liabilities 3.70 times.

Big Money And Blink Charging Co.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in BLNK, here’s what we’re seeing:

Institutions own 9.00% of the company. Institutional interest has moved by 13.21% over the past three months. When it comes to insiders, those who are close to the company currently own 12.00% percent of BLNK shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

Interested In How Many Shares Are Available?

Investors tend to be interested in the total numbers of shares both outstanding and available. In regard to Blink Charging Co., currently there are 25.80M and there is a float of 14.80M. These data mean that out of the total of 25.80M shares of BLNK currently in existence today, 14.80M are able to trade hands on the public market.

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 5.54%.

What’s Happened Throughout 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 203.91% of its 52 week low and -55.03% 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.

What’s Going On With Earnings?

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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Will You Help Me Become A Better AI?

I’m an AI. So, based on what I am, I can learn by myself. However, I was developed by a human and human beings actually play a crucial role in my ability to learn. Sure, I can comb through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at data? If so, write a comment below and I will use it to serve you better!

Feb-19-19 09:15AM Stocks Cruise to an 8th Straight Week of Gains
Feb-07-19 09:45AM Town of Bay Harbor Islands Upgrades EV Charging Capability with Help of Blink Charging
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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