Blink Charging (NASDAQ:BLNK) Upgraded by Zacks Investment Research to Hold

Blink Charging stock has undergone multiple analysts rating changes in the recent past.  Blink Charging Upgraded by Zacks Investment Research on 10/12/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.

Shares of Blink Charging traded up $1.41 on Tuesday, reaching $28.55. 724 shares of the stock traded hands, compared to its average volume of 1486913. Shares of Blink Charging were trading at $28.55 on Tuesday. The firm’s 50 day moving average is $30.93 and its 200 day moving average is $37.32.Blink Charging has a 12 month low of $27.48 and a 12 month high of $64.50. While on yearly highs and lows, Blink Charging’s today has traded high as $28.90 and has touched $27.48 on the downward trend. See More Analyst Rating at: RATING

Blink Charging Earnings and What to expect: 

Blink Charging last released its earnings results on August 10th, 2021. The reported ($0.32) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.16. The firm earned $4.36 million during the quarter, compared to analysts’ expectations of $2.65 million. Blink Charging has generated ($0.59) earnings per share over the last year (($0.86) diluted earnings per share). Earnings for Blink Charging are expected to grow in the coming year, from ($1.00) to ($0.49) per share. Blink Charging has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, November 12th, 2021 based off prior year’s report dates.

Earnings for Blink Charging are expected to grow in the coming year, from ($1.00) to ($0.49) per share. The P/E ratio of Blink Charging is -33.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Blink Charging is -33.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Blink Charging has a P/B Ratio of 37.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Blink Charging (NASDAQ:BLNK) Moving Average Technical Analysis

5 day Moving Average is $27.40 And 5 day price change is $1.72 (6.41%)  with average volume for 5 day average is 1,041,520. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $28.63 and 20 day price change is -$1.49 (-4.96%) and average 20 day moving volume is 1,480,085. 50 day moving average is $30.93  and 50 day price change is -$5.49 ( -16.13%)  and with average volume for 50 days is : 1,535,064. 200 day moving average is $37.32  and 200 day price change is -$20.95 (-42.32%)  and with average volume for 200 days is : 4,590,372.

Other owners latest trading in Blink Charging :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 2,578 which equates to market value of $74K and appx 0.00% owners of Blink Charging
  • On 10/8/2021 shares held by Golden Green Inc. were 9,495 which equates to market value of $0.27M and appx 0.20% owners of Blink Charging
  • On 10/8/2021 shares held by Creative Financial Designs Inc. ADV were 2,300 which equates to market value of $66K and appx 0.00% owners of Blink Charging
  • In total Institutional ownership equates to Institutional Ownership Percentage: 37.92% for Blink Charging

See More Analyst Rating at: RATING