In recent trading session, Blink Charging Co (NASDAQ:BLNK) saw 0.63 million shares changing hands at last check today with its beta currently measuring 2.67. Company’s recent per share price level of $2.02 trading at -$0.02 or -0.75% at last check today assigns it a market valuation of $204.79M. That most recent trading price of BLNK’s stock is at a discount of -130.69% from its 52-week high price of $4.66 and is indicating a premium of 24.26% from its 52-week low price of $1.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.84 million shares which gives us an average trading volume of 4.62 million if we extend that period to 3-months.
For Blink Charging Co (BLNK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.75. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.16 in the current quarter.
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Blink Charging Co (NASDAQ:BLNK) trade information
Upright in the red during last session for losing -0.75%, in the last five days BLNK remained trading in the green while hitting it’s week-highest on Wednesday, 10/16/24 when the stock touched $2.02 price level, adding 2.88% to its value on the day. Blink Charging Co’s shares saw a change of -40.28% in year-to-date performance and have moved 8.85% in past 5-day. Blink Charging Co (NASDAQ:BLNK) showed a performance of 11.86% in past 30-days. Number of shares sold short was 26.19 million shares which calculate 6.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.75 to the stock, which implies a rise of 82.81% to its recent value today. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 50. It follows that stock’s current price would drop -98.02% in reaching the projected high whereas dropping to the targeted low would mean a loss of -98.02% for stock’s current value.
Blink Charging Co (BLNK) estimates and forecasts
Statistics highlight that Blink Charging Co is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -14.21% of value to its shares in past 6 months, showing an annual growth rate of 52.11% while that of industry is 33.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 4.90% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 36.11M for the same. And 6 analysts are in estimates of company making revenue of 40.5M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.80% during past 5 years.
Blink Charging Co (NASDAQ:BLNK)’s Major holders
Insiders are in possession of 5.81% of company’s total shares while institution are holding 36.10 percent of that, with stock having share float percentage of 38.33%. Investors also watch the number of corporate investors in a company very closely, which is 36.10% institutions for Blink Charging Co that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at BLNK for having 6.7 million shares of worth $18.36 million. And as of 2024-06-30, it was holding 6.7085 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.3635 of outstanding shares, having a total worth of $11.94 million.
