Bridgeline Digital Inc (NASDAQ:BLIN)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $2.73, but opened at $3.20. Bridgeline Digital shares last traded at $3.24, with a volume of 2341753 shares changing hands.

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

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

An institutional investor recently bought a new position in Bridgeline Digital stock. Bank of New York Mellon Corp bought a new position in shares of Bridgeline Digital Inc (NASDAQ:BLIN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 124,583 shares of the software maker’s stock, valued at approximately $29,000. Bank of New York Mellon Corp owned approximately 0.90% of Bridgeline Digital at the end of the most recent reporting period.

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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.

Further Reading: Support Level

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