Blink Charging Co (NASDAQ: BLNK) Could Have Exceptional Returns?

In the last trading session, 2.14 million shares of the Blink Charging Co (NASDAQ:BLNK) were traded, and its beta was 3.17. Most recently the company’s share price was $0.88, and it changed around $0.01 or 1.84% from the last close, which brings the market valuation of the company to $90.79M. BLNK currently trades at a discount to its 52-week high of $3.75, offering almost -326.14% off that amount. The share price’s 52-week low was $0.63, which indicates that the current value has risen by an impressive 28.41% since then.

Blink Charging Co stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 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 showed a green trend with a performance of 1.84% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0900 on recent trading dayincreased the stock’s daily price by 19.27%. The company’s shares are currently down -36.41% year-to-date, but still down -6.51% over the last five days. On the other hand, Blink Charging Co (NASDAQ:BLNK) is 24.30% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 41.33% from its current value. Analyst projections state that BLNK is forecast to be at a low of $1.5 and a high of $1.5.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -39.82%. Blink Charging Co earnings are expected to increase by 69.64% in 2025, but the outlook is positive 48.04% per year for the next five years.

BLNK Dividends

Blink Charging Co’s next quarterly earnings report is expected to be released in July.

VANGUARD GROUP INC, with 4.3157% or 4.36 million shares worth $11.94 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

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