Blink Charging Co (NASDAQ: BLNK) Stock: Does It Mean Opportunity?

In today’s recent session, 2.55 million shares of the Blink Charging Co (NASDAQ:BLNK) have been traded, and its beta is 2.84. Most recently the company’s share price was $2.25, and it changed around -$0.04 or -1.94% from the last close, which brings the market valuation of the company to $226.78M. BLNK at last check was trading at a discount to its 52-week high of $7.70, offering almost -242.22% off that amount. The share price’s 52-week low was $2.18, which indicates that the recent value has risen by an impressive 3.11% since then. We note from Blink Charging Co’s average daily trading volume that its 3-month average coming to 6.70 million.

Blink Charging Co stock received a consensus recommendation rating of Buy, based on a mean score of 2.14. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BLNK as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Blink Charging Co (NASDAQ:BLNK) trade information

Instantly BLNK has been showing red trend so far today with a performance of -1.94% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -33.76% year-to-date, but still down -1.94% over the last five days. On the other hand, Blink Charging Co (NASDAQ:BLNK) is -14.29% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $25.33, which translates to bulls needing to increase their stock price by 91.12% from its current value. Analyst projections state that BLNK is forecast to be at a low of $7 and a high of $50.

Blink Charging Co (BLNK) estimates and forecasts

Blink Charging Co share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -21.76 percent over the past six months and at a 40.85% annual growth rate that is well above the industry average of 15.10%.