Bridgeline Digital (NASDAQ:BLIN) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Bridgeline Digital, Inc. (NASDAQ:BLIN)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.16 and traded as high as $1.79. Bridgeline Digital shares last traded at $1.74, with a volume of 82,406 shares changing hands.

Analyst Ratings Changes

Several research firms recently commented on BLIN. Westpark Capital reiterated a “hold” rating on shares of Bridgeline Digital in a research note on Tuesday, December 24th. StockNews.com assumed coverage on Bridgeline Digital in a research report on Saturday. They issued a “hold” rating on the stock.

Bridgeline Digital Stock Up 4.2 %

The stock has a market capitalization of $18.13 million, a P/E ratio of -9.16 and a beta of 1.86. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.02. The stock’s 50 day simple moving average is $1.41 and its 200 day simple moving average is $1.16.

Bridgeline Digital (NASDAQ:BLIN) last issued its earnings results on Monday, December 23rd. The software maker reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. Bridgeline Digital had a negative net margin of 12.77% and a negative return on equity of 14.75%. During the same period last year, the firm posted ($0.02) EPS. As a group, research analysts predict that Bridgeline Digital, Inc. will post -0.15 EPS for the current fiscal year.

Bridgeline Digital Company Profile

Bridgeline Digital, Inc operates as a marketing technology company in the United States, Canada, and internationally. The company offers HawkSearch, a site search, recommendation, and personalization application for marketers, merchandisers, and developers; Celebros Search, a commerce-oriented site search product that provides natural language processing with artificial intelligence; and Woorank, a Search Engine Optimization (SEO) audit tool that generates an instant performance audit of the site's technical, on-page, and off-page SEO.