BLIN Stock Summary and Trading Ideas (Bridgeline Digital | NASDAQ:BLIN)

Bridgeline Digital Inc is a marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. It helps to maximize the performance of critical websites, intranets, and online stores. The company generates revenue from digital engagement services, subscription, perpetual licenses, maintenance, and hosting. Geographically, it derives a majority of revenue from the United States.

Bridgeline Digital trades on the NASDAQ stock market under the symbol BLIN.

As of April 18, 2024, BLIN stock price declined to $1.23 with 23,682 million shares trading.

BLIN has a beta of 0.96, meaning it tends to be less sensitive to market movements. BLIN has a correlation of 0.05 to the broad based SPY ETF.

BLIN has a market cap of $12.76 million. This is considered a Sub-Micro Cap stock.

Last quarter Bridgeline Digital reported $4 million in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-185,000 and exceeded earnings estimates by $.02.

In the last 3 years, BLIN stock traded as high as $14.38 and as low as $.70.

The top ETF exchange traded funds that BLIN belongs to (by Net Assets): VTI, VXF.

BLIN has outperformed the market in the last year with a return of +33.9%, while the SPY ETF gained +22.3%. In the last 3 month period, BLIN beat the market returning +57.4%, while SPY returned +6.1%. However, in the most recent 2 weeks BLIN has underperformed the stock market by returning -3.9%, while SPY returned -3.8%.

BLIN support price is $1.18 and resistance is $1.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BLIN stock will trade within this expected range on the day.