Bridgeline Digital (BLIN) Sees Strong Trading Volume

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Shares of Bridgeline Digital Inc (NASDAQ:BLIN) saw strong trading volume on Friday . 1,448,930 shares were traded during trading, an increase of 468% from the previous session’s volume of 255,220 shares.The stock last traded at $5.39 and had previously closed at $5.05.

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.73 and a quick ratio of 1.74.

Bridgeline Digital (NASDAQ:BLIN) last released 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 return on equity of 1,413.16% and a negative net margin of 225.55%. 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 acquired a new position in shares of Bridgeline Digital Inc (NASDAQ:BLIN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 124,583 shares of the software maker’s stock, valued at approximately $29,000. Bank of New York Mellon Corp owned about 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.

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