For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Blink Charging Co’s stock clocked out at $1.18, down -3.28% from its previous closing price of $1.22. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 3.3 million shares were traded. BLNK stock price reached its highest trading level at $1.21 during the session, while it also had its lowest trading level at $1.15.
Ratios:
To gain a deeper understanding of BLNK’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 119386496 and an Enterprise Value of 66080980. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 0.476 whereas that against EBITDA is -1.087.
Stock Price History:
The Beta on a monthly basis for BLNK is 2.58, which has changed by -0.5020408 over the last 52 weeks, in comparison to a change of 0.21926713 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 $1.15. The 50-Day Moving Average of the stock is -21.23%, while the 200-Day Moving Average is calculated to be -46.78%.
Shares Statistics:
It appears that BLNK traded 4.98M shares on average per day over the past three months and 4438470 shares per day over the past ten days. A total of 101.15M shares are outstanding, with a floating share count of 92.25M. Insiders hold about 8.82% of the company’s shares, while institutions hold 35.67% stake in the company. Shares short for BLNK as of 1736899200 were 25717776 with a Short Ratio of 5.17, compared to 1734048000 on 22998699. Therefore, it implies a Short% of Shares Outstanding of 25717776 and a Short% of Float of 26.97.
