Currently, there are 101.15M common shares owned by the public and among those 92.22M shares have been available to trade.
The company’s stock has a 5-day price change of -9.40% and -47.26% over the past three months. BLNK shares are trading -23.74% year to date (YTD), with the 12-month market performance down to -61.31% lower. It has a 12-month low price of $1.03 and touched a high of $3.75 over the same period. BLNK has an average intraday trading volume of 4.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -15.62%, -26.68%, and -51.39% respectively.
Institutional ownership of Blink Charging Co (NASDAQ: BLNK) shares accounts for 37.18% of the company’s 101.15M shares outstanding.
It has a market capitalization of $107.25M and a beta (3y monthly) value of 2.84. The earnings-per-share (ttm) stands at -$1.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.93% over the week and 6.63% over the month.
Earnings per share for the fiscal year are expected to increase by 59.10%, and 65.17% over the next financial year. EPS should grow at an annualized rate of 56.66% over the next five years, compared to -19.80% over the past 5-year period.
UBS coverage for the Blink Charging Co (BLNK) stock in a research note released on November 14, 2024 offered a Neutral rating with a price target of $2. The Benchmark Company was of a view on July 31, 2024 that the stock is Buy, while Needham gave the stock Buy rating on January 08, 2024, issuing a price target of $7. UBS on their part issued Buy rating on September 27, 2023.
