The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Blink Charging Co (NASDAQ: BLNK) was $0.96 for the day, up 5.37% from the previous closing price of $0.92. In other words, the price has increased by $5.37 from its previous closing price. On the day, 2.18 million shares were traded. BLNK stock price reached its highest trading level at $0.9893 during the session, while it also had its lowest trading level at $0.9308.
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 1.47 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:
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.
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 99029464 and an Enterprise Value of 64855832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.593 whereas that against EBITDA is -1.166.
Stock Price History:
The Beta on a monthly basis for BLNK is 2.96, which has changed by -0.669863 over the last 52 weeks, in comparison to a change of 0.12677538 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 $0.63. The 50-Day Moving Average of the stock is 18.24%, while the 200-Day Moving Average is calculated to be -24.08%.
Shares Statistics:
BLNK traded an average of 3.50M shares per day over the past three months and 5444330 shares per day 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 32.90% stake in the company. Shares short for BLNK as of 1749772800 were 23460793 with a Short Ratio of 6.70, compared to 1747267200 on 25032027. Therefore, it implies a Short% of Shares Outstanding of 23460793 and a Short% of Float of 23.01.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
