Bridgeline Digital Inc (NASDAQ:BLIN) 8.20% Up Over The Last Seven Days. Can The Stock Hit Well Above $0.1500?

In last trading session, Bridgeline Digital Inc (NASDAQ:BLIN) saw 0.31 million shares changing hands with its beta currently measuring 1.87. Company’s recent per share price level of $1.98 trading at $0.17 or 9.39% at ring of the bell on the day assigns it a market valuation of $20.63M. That closing price of BLIN’s stock is at a discount of -41.41% from its 52-week high price of $2.80 and is indicating a premium of 62.12% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.11 million shares which gives us an average trading volume of 193.36K if we extend that period to 3-months.

Bridgeline Digital Inc (NASDAQ:BLIN) trade information

Upright in the green during last session for gaining 9.39%, in the last five days BLIN remained trading in the green while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $1.98 price level, adding 7.04% to its value on the day. Bridgeline Digital Inc’s shares saw a change of 25.32% in year-to-date performance and have moved 8.20% in past 5-day. Bridgeline Digital Inc (NASDAQ:BLIN) showed a performance of 13.79% in past 30-days. Number of shares sold short was 27112.0 shares which calculate 0.67 days to cover the short interests.

Bridgeline Digital Inc (BLIN) estimates and forecasts

Statistics highlight that Bridgeline Digital Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 113.80% of value to its shares in past 6 months, showing an annual growth rate of 21.05% while that of industry is 23.30. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 5.40% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.9M for the same. And 2 analysts are in estimates of company making revenue of 4.02M in the next quarter. Company posted 3.75M and 3.8M of sales in current and next quarters respectively a year earlier.

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 52.95% during past 5 years.

Bridgeline Digital Inc (NASDAQ:BLIN)’s Major holders

Insiders are in possession of 19.49% of company’s total shares while institution are holding 3.78 percent of that, with stock having share float percentage of 4.70%. Investors also watch the number of corporate investors in a company very closely, which is 3.78% institutions for Bridgeline Digital Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at BLIN for having 0.37 million shares of worth $0.34 million. And as of 2024-06-30, it was holding 3.5196 of the company’s outstanding shares.

The second largest institutional holder is RENAISSANCE TECHNOLOGIES LLC, which was holding about 98729.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.9477 of outstanding shares, having a total worth of $90831.0.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 110.79 shares of worth $0.22 million or 1.06% of the total outstanding shares. The later fund manager was in possession of 46.88 shares on Oct 31, 2024 , making its stake of worth around $92822.0 in the company or a holder of 0.45% of company’s stock.