Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Blink Charging Co (NASDAQ: BLNK) was $0.95 for the day, up 5.99% from the previous closing price of $0.90. In other words, the price has increased by $5.99 from its previous closing price. On the day, 3.64 million shares were traded. BLNK stock price reached its highest trading level at $0.9694 during the session, while it also had its lowest trading level at $0.9016.
Ratios:
Our analysis of BLNK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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. On Jun 25 ’24, another insider, Peterson Kristina A., who serves as the Director of the company, sold 4,510 shares for $2.77 each. As a result, the insider received 12,515 and left with 0 shares of the company.
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 96541184 and an Enterprise Value of 43500572. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.345 whereas that against EBITDA is -0.759.
Stock Price History:
The Beta on a monthly basis for BLNK is 2.91, which has changed by -0.6486188 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, BLNK has reached a high of $3.75, while it has fallen to a 52-week low of $0.87. The 50-Day Moving Average of the stock is -20.39%, while the 200-Day Moving Average is calculated to be -51.48%.
Shares Statistics:
BLNK traded an average of 4.54M shares per day over the past three months and 5145960 shares per day over the past ten days. A total of 101.17M shares are outstanding, with a floating share count of 92.07M. Insiders hold about 9.00% of the company’s shares, while institutions hold 33.82% stake in the company. Shares short for BLNK as of 1740700800 were 25322450 with a Short Ratio of 5.57, compared to 1738281600 on 24755572. Therefore, it implies a Short% of Shares Outstanding of 25322450 and a Short% of Float of 26.549998000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
