Blink Charging Co (BLNK) concluded trading on Wednesday at a closing price of $0.99, with 4.16 million shares of worth about $4.12 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -52.67% during that period and on Wednesday the price saw a gain of about 2.54%. Currently the company’s common shares owned by public are about 101.15M shares, out of which, 92.25M shares are available for trading.
Stock saw a price change of -8.82% in past 5 days and over the past one month there was a price change of -19.20%. Year-to-date (YTD), BLNK shares are showing a performance of -28.50% which decreased to -65.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.89 but also hit the highest price of $3.75 during that period. The average intraday trading volume for Blink Charging Co shares is 4.47 million. The stock is currently trading -9.91% below its 20-day simple moving average (SMA20), while that difference is down -25.34% for SMA50 and it goes to -52.60% lower than SMA200.
Blink Charging Co (NASDAQ: BLNK) currently have 101.15M outstanding shares and institutions hold larger chunk of about 33.82% of that.
The stock has a current market capitalization of $100.56M and its 3Y-monthly beta is at 2.87. It has posted earnings per share of -$1.45 in the same period. It has Quick Ratio of 1.85 while making debt-to-equity ratio of 0.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BLNK, volatility over the week remained 7.66% while standing at 7.04% over the month.
Stock’s fiscal year EPS is expected to rise by 55.97% while it is estimated to increase by 67.37% in next year. EPS is likely to grow at an annualized rate of 56.66% for next 5-years, compared to annual growth of -19.80% made by the stock over the past 5-years.
Coverage by UBS stated Blink Charging Co (BLNK) stock as a Neutral in their note to investors on November 14, 2024, suggesting a price target of $2 for the stock. On July 31, 2024, The Benchmark Company Initiated their recommendations, while on January 08, 2024, Needham Upgrade their ratings for the stock with a price target of $7. Stock get a Buy rating from UBS on September 27, 2023.
