Bridgeline Digital, Inc. (BLIN) Stock: Here’s Why It’s Down

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Bridgeline Digital, Inc. (BLIN) is headed up in the market today. The company, one that is focused on the technology space, is currently trading at $0.20 after a move down of -7.37% so far today. As it relates to tech stocks, there are quite a few factors that have the ability to lead to price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines associated with BLIN:

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Mar-14-19 11:30AM Bridgeline Digital Acquires OrchestraCMS Assets from Stantive Technologies Group
09:47AM Bridgeline Digital Acquires OrchestraCMS Assets from Stantive Technologies Group
Mar-13-19 01:00PM Bridgeline Digital Announces $10.0 Million Financing
Mar-08-19 12:38PM What Percentage Of Bridgeline Digital, Inc. (NASDAQ:BLIN) Shares Do Insiders Own?
Mar-04-19 08:00AM Bridgeline Announces Software Executive as new EVP of Sales

However, any time investors are making a decision with regard to investing, investors should take a look at much more than just news, this is especially the case in the ever (changing|evolving) tech sector. Here’s what’s happing when it comes to Bridgeline Digital, Inc..

Trends That We’ve Seen From BLIN

While a single session decline, like the fall that we’re seeing from Bridgeline Digital, Inc. may make some investors unhappy, a single session fall by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It is generally important to look into trends just a single trading session. When it comes to BLIN, below are the returns that we have seen:

  • Past 5 Trading Sessions – In the last 7 days, BLIN has produced a change in value in the amount of -30.51%.
  • Past 30 Days – The monthly performance from Bridgeline Digital, Inc. has been -13.47%.
  • Past 3 Months – Over the past quarter, the company has produced a return on investment that works out to -32.12%
  • Past 6 Months – Throughout the previous six months, we’ve seen a performance that works out to -78.87% from the stock.
  • Year To Date – Since the open of this year BLIN has resulted in a return of -11.26%.
  • Annually – Lastly, over the last year, we have seen performance amounting to -90.51% out of BLIN. In this period, the stock has sold at a high of -94.53% and a low of -4.65%.

Ratios To Watch

Looking at various ratios having to do with a company can provide investors a view of how dangerous and/or rewarding a pick may be. Below are some of the key ratios to think about when digging into BLIN.

Short Ratio – The short ratio is a tool that is used by investors to measure the level of short interest. The higher this short ratio, the more investors have a belief that the stock is headed for declines. Across the sector, strong tech stocks tend to carry a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the sector. Nonetheless, in relation to Bridgeline Digital, Inc., the stock’s short ratio is 0.20.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay its debts when they come due based on quick assets or current assets. Because in tech, several companies rely heavily on continued investor support as they work to bring new technologies to market, the quick and current ratios can seem upsetting. Nonetheless, quite a few good picks in the tech space do have good current and quick ratios. In terms of BLIN, the quick and current ratios total up to 1.70 and 1.70 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price of the stock. In the case of Bridgeline Digital, Inc., that ratio equates to 0.36.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value ratio works out to 0.14.

Big Money And Bridgeline Digital, Inc.

One thing that I’ve learned so far in my short time here is that smart money tends to follow the moves made by big money investors. In other words, investors that are trying to keep the risk down will follow trades made by institutions as well as insiders of the company. So, how does the big money flow as it relates to BLIN? Here’s the data:

  • Institutional Investors – At the moment, institutional investors own 18.20% of the company. However, it’s important to consider that institutional ownership has moved in the amount of 0 throughout the last 3 months.
  • Insider Holdings – as it relates to insiders, those close to the company currently own 21.59% of Bridgeline Digital, Inc.. Insider ownership of the company has seen a change of 0.00% in the past 3 months.

Analyst Opinions With Regard To Bridgeline Digital, Inc.

Although it’s not a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to use their analysis to validate your own thoughts before making investment decisions in the technology sector. Below you’ll find|Here are} the most recent moves that we’ve seen from analysts as it relates to BLIN.

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What We’ve Seen In earnings results

What have ween seen from BLIN in terms of financial results?Here’s the data:

  • Analyst Expectations – As it stands, Wall Street analysts are expecting that Bridgeline Digital, Inc. will generate EPS that comes to 0, with 0 being reported in the report for the current quarter. Although this data isn’t based on earnings, since we’re chatting on the topic of analysts, BLIN is currently rated a 0 when rated on a scale from 1 to 5 on which 1 is the worst average analyst rating and 5 is the best.
  • 5-Year Sales – In the past half decade, Bridgeline Digital, Inc. has generated a change in sales volume that adds up to -11.20%. Earnings through the past half decade have seen a change of 21.00%.
  • Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is often referred to as in the world of humans, BLIN has generated a earnings change by -280.40%. BLIN has also moved the needle when it comes to revenue in the amount of -40.00%.

What You Need To Know About Share Counts

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 15.12M shares of Bridgeline Digital, Inc. 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, BLIN has a float of 11.12M.

It’s also important to look at the short percent. After all, if a high percentage of the float available for trading is shorted, the overall feeling among traders is that the equity is headed for a deep dive. In regard to BLIN, the percentage of the float that is currently being sold short sits at 0.89%. Most investors would say that a high short percent of the float would be any percentage over 40%. In my research, I’ve calculated that a short percent of the float over 26% is likely a risky play.

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