Bridgeline Digital Inc (NASDAQ:BLIN) has a beta value of 1.86 and has seen 0.48 million shares traded in the recent trading session. The company, currently valued at $24.94M, closed the recent trade at $2.14 per share which meant it gained $0.35 on the day or 19.55% during that session. The BLIN stock price is 8.88% off its 52-week high price of $1.95 and 64.95% above the 52-week low of $0.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.37 million shares traded. The 3-month trading volume is 114.80K shares.
Bridgeline Digital Inc (NASDAQ:BLIN) trade information
Sporting 19.55% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BLIN stock price touched $2.14 or saw a rise of 3.6%. Year-to-date, Bridgeline Digital Inc shares have moved 35.44%, while the 5-day performance has seen it change 49.65%. Over the past 30 days, the shares of Bridgeline Digital Inc (NASDAQ:BLIN) have changed 78.33%. Short interest in the company has seen 27112.0 shares shorted with days to cover at 0.67.
Bridgeline Digital Inc (BLIN) estimates and forecasts
Figures show that Bridgeline Digital Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 143.18% over the past 6 months, with this year growth rate of 21.05%, compared to 20.00% for the industry. Revenue growth from the last financial year stood is estimated to be 9.00%.
1 analysts offering their estimates for the company have set an average revenue estimate of 4.04M for the current quarter. 1 have an estimated revenue figure of 4.14M for the next ending quarter. Year-ago sales stood 3.75M and 3.8M respectively for this quarter and the next, and analysts expect sales will grow by 7.59% for the current quarter and 9.00% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 52.95% over the past 5 years.
BLIN Dividends
Bridgeline Digital Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bridgeline Digital Inc (NASDAQ:BLIN)’s Major holders
Insiders own 19.49% of the company shares, while shares held by institutions stand at 3.78% with a share float percentage of 4.70%. Investors are also buoyed by the number of investors in a company, with Bridgeline Digital Inc having a total of 12.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.37 million shares worth more than $0.34 million. As of 2024-06-30, VANGUARD GROUP INC held 3.5196% of shares outstanding.
The other major institutional holder is RENAISSANCE TECHNOLOGIES LLC, with the holding of over 98729.0 shares as of 2024-06-30. The firm’s total holdings are worth over $90831.0 and represent 0.9477% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 1.06% shares in the company for having 110.79 shares of worth $0.23 million while later fund manager owns 46.88 shares of worth $97665.0 as of Oct 31, 2024, which makes it owner of about 0.45% of company’s outstanding stock.
