Blink Charging Co. (NASDAQ: BLNK) is -35.28% lower on its value in year-to-date trading and has touched a low of $6.67 and a high of $26.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BLNK stock was last observed hovering at around $7.45 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $7.10, the stock is -0.09% and -4.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -4.70% at the moment leaves the stock -45.76% off its SMA200. BLNK registered -53.23% loss for a year compared to 6-month loss of -45.34%. The firm has a 50-day simple moving average (SMA 50) of $5.34 and a 200-day simple moving average (SMA200) of -$4.28.
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The stock witnessed a 2.45% gain in the last 1 month and extending the period to 3 months gives it a -28.71%, and is -2.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.83% over the week and 5.30% over the month.
Blink Charging Co. (BLNK) has around 564 employees, a market worth around $438.57M and $73.00M in sales. Distance from 52-week low is 6.45% and -73.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-34.20%).
Blink Charging Co. (BLNK) Analyst Forecasts
The EPS is expected to shrink by -48.40% this year
Blink Charging Co. (BLNK) Top Institutional Holders
The shares outstanding are 56.47M, and float is at 41.25M with Short Float at 33.57%.
Blink Charging Co. (BLNK) Insider Activity
A total of 21 insider transactions have happened at Blink Charging Co. (BLNK) in the last six months, with sales accounting for 7 and purchases happening 14 times. The most recent transaction is an insider sale by FARKAS MICHAEL D, the company’s Chairman & CEO. SEC filings show that FARKAS MICHAEL D sold 396,998 shares of the company’s common stock on Apr 04 at a price of $8.35 per share for a total of $3.32 million. Following the sale, the insider now owns 2.53 million shares.
Blink Charging Co. disclosed in a document filed with the SEC on Feb 16 that FARKAS MICHAEL D (Chairman & CEO) sold a total of 143,634 shares of the company’s common stock. The trade occurred on Feb 16 and was made at $10.81 per share for $1.55 million. Following the transaction, the insider now directly holds 1.88 million shares of the BLNK stock.
Still, SEC filings show that on Dec 28, LEVINE JACK (Director) acquired 10,000 shares at an average price of $10.22 for $0.1 million. The insider now directly holds 131,641 shares of Blink Charging Co. (BLNK).
Blink Charging Co. (BLNK): Who are the competitors?
The company’s main competitors (and peers) include AMREP Corporation (AXR) that is 14.82% higher over the past 12 months.
