Bridgeline Digital (NASDAQ:BLIN) Sees Unusually-High Trading Volume

Bridgeline Digital Inc (NASDAQ:BLIN) shares saw unusually-high trading volume on Wednesday . Approximately 11,251,003 shares changed hands during trading, an increase of 2,600% from the previous session’s volume of 416,644 shares.The stock last traded at $2.95 and had previously closed at $2.91.

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.73 and a quick ratio of 1.73.

Bridgeline Digital (NASDAQ:BLIN) last announced its quarterly earnings results on Wednesday, May 15th. The software maker reported ($40.06) EPS for the quarter. Bridgeline Digital had a negative net margin of 225.55% and a negative return on equity of 1,413.16%. The company had revenue of $2.20 million during the quarter.

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

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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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