Bridgeline Digital (BLIN) Sets New 1-Year Low at $0.22

Bridgeline Digital Inc (NASDAQ:BLIN) shares reached a new 52-week low on Wednesday . The company traded as low as $0.22 and last traded at $0.23, with a volume of 37559 shares changing hands. The stock had previously closed at $0.25.

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.74 and a quick ratio of 1.74.

Bridgeline Digital (NASDAQ:BLIN) last released its quarterly earnings data on Thursday, February 14th. The software maker reported ($0.11) earnings per share for the quarter. Bridgeline Digital had a negative net margin of 98.08% and a negative return on equity of 127.66%. The firm had revenue of $2.38 million during the quarter.

An institutional investor recently bought a new position in Bridgeline Digital stock. Vanguard Group Inc acquired a new stake in Bridgeline Digital Inc (NASDAQ:BLIN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 55,633 shares of the software maker’s stock, valued at approximately $55,000. Vanguard Group Inc owned approximately 1.31% of Bridgeline Digital as of its most recent filing with the Securities and Exchange Commission (SEC). 7.30% of the stock is owned by institutional investors and hedge funds.

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Bridgeline Digital Company Profile (NASDAQ:BLIN)

Bridgeline Digital, Inc operates as a digital engagement company in the United States. The company's Bridgeline's Unbound platform enables companies and developers to create Websites, Web applications, and online stores. It offers Bridgeline Unbound Experience Manager, a marketing automation engine and content management system; Bridgeline Unbound Content Manager that enables non-technical users to create, edit, and publish content via a browser-based interface; and Bridgeline Unbound Commerce, an online B2B and B2C commerce solution that allows users to manage domestic and international commerce initiatives.

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