In the latest session, Blink Charging Co (NASDAQ: BLNK) closed at $1.06 down -5.36% from its previous closing price of $1.12. In other words, the price has decreased by -$5.36 from its previous closing price. On the day, 3.16 million shares were traded. BLNK stock price reached its highest trading level at $1.1339 during the session, while it also had its lowest trading level at $1.02.
Ratios:
For a deeper understanding of Blink Charging Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.06.
On November 14, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3 to $2.
On July 31, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $5.The Benchmark Company initiated its Buy rating on July 31, 2024, with a $5 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 26 ’24 when LEVINE JACK bought 20,000 shares for $1.70 per share. The transaction valued at 34,000 led to the insider holds 175,718 shares of the business.
Peterson Kristina A. sold 24,077 shares of BLNK for $43,377 on Sep 19 ’24. The Director now owns 0 shares after completing the transaction at $1.80 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLNK now has a Market Capitalization of 115042856 and an Enterprise Value of 77192160. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is -1.388.
Stock Price History:
The Beta on a monthly basis for BLNK is 2.98, which has changed by -0.6666666 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, BLNK has reached a high of $3.52, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 17.58%, while the 200-Day Moving Average is calculated to be -12.48%.
Shares Statistics:
For the past three months, BLNK has traded an average of 3.26M shares per day and 3399630 over the past ten days. A total of 102.72M shares are outstanding, with a floating share count of 92.27M. Insiders hold about 10.17% of the company’s shares, while institutions hold 32.37% stake in the company. Shares short for BLNK as of 1752537600 were 16790065 with a Short Ratio of 5.16, compared to 1749772800 on 23460793. Therefore, it implies a Short% of Shares Outstanding of 16790065 and a Short% of Float of 16.469998999999998.
