Bridgeline Digital Inc (NASDAQ:BLIN) has a beta value of 1.86 and has seen 1.99 million shares traded in the last trading session. The company, currently valued at $27.39M, closed the last trade at $2.35 per share which meant it gained $0.56 on the day or 31.28% during that session. The BLIN stock price is 17.02% off its 52-week high price of $1.95 and 68.09% 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 31.28% in the green in last session, 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 $2.35 or saw a rise of 14.55%. Year-to-date, Bridgeline Digital Inc shares have moved 48.73%, while the 5-day performance has seen it change 64.34%. Over the past 30 days, the shares of Bridgeline Digital Inc (NASDAQ:BLIN) have changed 95.83%. 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 167.05% over the past 6 months, with this year growth rate of 21.05%, compared to 20.00% for the industry.
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.
