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

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Bridgeline Digital, Inc. (BLIN) is trending down in the market today. The stock, one that is focused in the tech sector, is presently trading at $0.17 after heading down -8.24% so far today. As it relates to tech stocks, there are quite a few factors that have the ability to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines centered around BLIN:

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Apr-23-19 09:14AM Bridgeline to Sponsor and Exhibit at Digital Summit New York City
Apr-11-19 09:00AM OrchestraCMS Chosen by a Top International Convenience Store Chain to Power its Quality Control Enterprise Web Application
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

However, when making a decision to invest, prospective investors should take a look at far more than just news, especially in the ever changing technology sector. Here’s what’s happening with Bridgeline Digital, Inc..

Recent Movement From BLIN

While a move toward the top in a single session, like the move that we’re seeing from Bridgeline Digital, Inc. may make some investors fearful, a single session fall alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It is always a good idea to dig into trends just a single trading session. When it comes to BLIN, below are the trends that investors have seen:

  • Past 7 Days – Throughout the past 5 trading sessions, BLIN has produced a price change amounting to -0.53%.
  • Monthly – The monthly performance from Bridgeline Digital, Inc. comes to -10.52%.
  • Past Three Months – In the past quarter, the company has produced a return on investment of -29.06%
  • Past 6 Months – Over the previous six months, we’ve seen a change that works out to -60.18% from the stock.
  • This Year So Far – Since the the last trading session of last year BLIN has resulted in a return of -18.61%.
  • Full Year – Lastly, over the last full year, we have seen a change amounting to -89.56% from BLIN. Over this period, the stock has sold at a high of -95.40% and a low price of 12.01%.

Rations That You Should Consider

Looking at various key ratios having to do with a company generally gives prospective traders a view of how risky and/or potentially profitable a stock pick might be. Below are a few of the key ratios to think about when looking at BLIN.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the amount of short interest. As the ratio heads up, it shows that more investors are expecting that the price of the stock is headed for declines. Across the sector, strong tech stocks can come with a lower short ratio. On the other hand, we also see a lot of short squeezes in the industry. Nonetheless, when it comes to Bridgeline Digital, Inc., the stock’s short ratio comes to 0.17.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure the company’s abilities to pay its debts when they come due with only current assets or quick assets. Because in tech, companies are heavily reliant on continued investor support as they work to bring new technologies to market, the quick and current ratios can be upsetting. Nonetheless, some gems in the tech industry do have strong current and quick ratios. As far as BLIN, the quick and current ratios add up to 1.70 and 1.70 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets that are owned by the company. In this case, the book to share value ratio works out to 0.36.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of the company’s stock. In the case of BLIN, the cash to share value ratio works out to 0.12.

What Institutions And Insiders Think Of Bridgeline Digital, Inc.

One thing that I have come to understand so far in my short time on Earth has been that smart money tends to follow big money investors. Usually, investors that are looking to keep their investments relatively safe will follow investments made by institutional investors and those on the inside. With that said, is big money interested in regard to BLIN? Here’s the information:

Institutions own 16.10% of the company. Institutional interest has moved by 0.93% over the past three months. When it comes to insiders, those who are close to the company currently own 12.40% percent of BLIN shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What Analysts Think About Bridgeline Digital, Inc.

Although it’s never a smart idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their opinions to validate your own thoughts when it comes to making an investment decision in the technology space. Here are the recent moves that we’ve seen from analysts with regard to BLIN.

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Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, BLIN has generated revenue in the amount of $-11.20% with earnings coming in at 21.00%. On a quarter over quarter basis, earnings have seen movement of -280.40% and revenue has seen movement of -40.00%.

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 16.84M 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 13.08M.

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 BLIN, the short percent of the float is 1.58%.

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