Bridgeline Digital (BLIN) Reaches New 52-Week Low at $0.26
Bridgeline Digital Inc (NASDAQ:BLIN) shares reached a new 52-week low during trading on Friday . The company traded as low as $0.26 and last traded at $0.31, with a volume of 155513 shares trading hands. The stock had previously closed at $0.30.
The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.53.
A hedge fund recently bought a new stake in Bridgeline Digital stock. Vanguard Group Inc purchased 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 & Exchange Commission. The fund purchased 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 SEC filing. 2.93% of the stock is owned by hedge funds and other institutional investors.
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Bridgeline Digital, Inc operates as a digital engagement company in the United States. The company's iAPPS platform enables companies and developers to create Websites, Web applications, and online stores. It offers iAPPS Experience Manager, a marketing automation engine and content management system; iAPPS Content Manager that enables non-technical users to create, edit, and publish content via a browser-based interface; and iAPPS Commerce, an online B2B and B2C e-commerce solution, which allows users to manage domestic and international commerce initiatives.
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