Bridgeline Digital Inc (BLIN): The long term indicators on the stock call for a Buy today

Bridgeline Digital Inc (BLIN) saw an uptrend of 31.28% in the recent trading with $2.35 being its most recent. The current price level 20.51% lower than the highest price of $1.95 marked by the stock while trading over the past 52-weeks, whereas it is 213.33% higher than the lowest price of $0.75 the company dropped to over past 52-weeks. The latest news story on BLIN appeared in (ACCESSWIRE) under the title “Bridgeline’s AI Innovations Propel Strong Growth into 2025”.

Squeezing the time span to 30 day period shows us the stock is currently trading -14.55% below one month high and is +92.62% above of the lowest during that time. Looking into the simple moving average, Bridgeline Digital Inc (BLIN)’s stock stands at a SMA-50 of $1.2800 while that of 5-day is reading $1.8100.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and BLIN’s SMA-200 as of now is $1.1300.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

Bridgeline Digital Inc Earnings – What Happened With BLIN

Coming around sales and income figures on BLIN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

BLIN – Bridgeline Digital Inc Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 10.42 million. BLIN does have institutional investors; and they hold 3.78% of the stock.

Bridgeline Digital Inc – Insider Activity and Holdings

As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Bridgeline Digital Inc (NASDAQ:BLIN) with an ownership of 0.37 million shares of the company or 3.5196 of the stake worth $0.34 million. The filing also reveals RENAISSANCE TECHNOLOGIES LLC as the second largest holder in the company with a control over 0.9477 of the outstanding shares. Its stake is worth $90831.0 for having 98729.0 shares in hand.

KESTRA PRIVATE WEALTH SERVICES, LLC also came holding a key position in the company during the recent quarter and it now holds 0.6719 of the outstanding shares. With this there are now 12.0 institutions which have possession in BLIN’s shares.

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Bridgeline Digital Inc has a debt to equity ratio of 0.07.

Technical Analysis of Bridgeline Digital Inc (NASDAQ:BLIN) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Bridgeline Digital Inc (BLIN), we notice that the stock’s 20-day average volume is at 390,435 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 178,232 shares. And to end, BLIN’s 100-day average volume is 105,832 shares with 100% of the long-term indicators pointing towards Buy for the stock.