Blink Charging Co [BLNK] stock is trading at $1.68, up 0.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BLNK shares have gain 1.82% over the last week, with a monthly amount drifted -1.75%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Blink Charging Co [NASDAQ: BLNK] stock has seen the most recent analyst activity on July 31, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $5. Previously, Needham upgraded its rating to Buy on January 08, 2024, and kept the price target unchanged to $7. On September 27, 2023, UBS initiated with a Buy rating and assigned a price target of $7 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $11 on March 28, 2023. Needham reiterated a Buy rating for this stock on October 20, 2022, and downed its price target to $18. In a note dated June 17, 2022, B. Riley Securities initiated an Neutral rating and provided a target price of $15 on this stock.
Blink Charging Co [BLNK] stock has fluctuated between $1.53 and $4.66 over the past year. Currently, Wall Street analysts expect the stock to reach $19.38 within the next 12 months. Blink Charging Co [NASDAQ: BLNK] shares were valued at $1.68 at the most recent close of the market. An investor can expect a potential return of 1053.57% based on the average BLNK price forecast.
Analyzing the BLNK fundamentals
Blink Charging Co [NASDAQ:BLNK] reported sales of 156.92M for the trailing twelve months, which represents a growth of 1.28%. Gross Profit Margin for this corporation currently stands at -0.04% with Operating Profit Margin at -1.05%, Pretax Profit Margin comes in at -1.07%, and Net Profit Margin reading is -1.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.63 and Total Capital is -0.52. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.6367 points at the first support level, and at 1.5933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7167, and for the 2nd resistance point, it is at 1.7533.
Ratios To Look Out For
For context, Blink Charging Co’s Current Ratio is 2.82. Further, the Quick Ratio stands at 2.10, while the Cash Ratio is 1.2. Considering the valuation of this stock, the price to sales ratio is 1.08, the price to book ratio is 0.61.
Transactions by insiders
Recent insider trading involved LEVINE JACK, Director, that happened on Sep 26 ’24 when 20000.0 shares were purchased. Director, Peterson Kristina A. completed a deal on Sep 19 ’24 to sell 24077.0 shares. Meanwhile, Director Peterson Kristina A. sold 4510.0 shares on Jun 25 ’24.
