Blink Charging Co (NASDAQ: BLNK) is -26.84% lower on its value in year-to-date trading and has touched a low of $2.18 and a high of $8.32 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 $2.57 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $2.48, the stock is -9.79% and -13.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.77 million and changing -3.50% at the moment leaves the stock -32.35% off its SMA200. BLNK registered -67.11% loss for a year compared to 6-month gain of -23.93%.
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The stock witnessed a -25.08% loss in the last 1 month and extending the period to 3 months gives it a -7.46%, and is -8.15% 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 4.90% over the week and 7.06% over the month.
Blink Charging Co (BLNK) has around 706 employees, a market worth around $250.46M and $140.60M in sales. Profit margin for the company is -144.88%. Distance from 52-week low is 13.76% and -70.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-68.68%).
The EPS is expected to grow by 76.81% this year.
Blink Charging Co (BLNK) Top Institutional Holders
The shares outstanding are 100.99M, and float is at 93.77M with Short Float at 23.69%.
Blink Charging Co (BLNK) Insider Activity
The most recent transaction is an insider sale by FARKAS MICHAEL D,the company’sFormer Director Chairman & CEO. SEC filings show that FARKAS MICHAEL D sold 52,000 shares of the company’s common stock on Sep 28 ’23 at a price of $3.04 per share for a total of $0.16 million. Following the sale, the insider now owns 2.58 million shares.
Blink Charging Co disclosed in a document filed with the SEC on Sep 27 ’23 that FARKAS MICHAEL D (Former Director Chairman & CEO) sold a total of 26,000 shares of the company’s common stock. The trade occurred on Sep 27 ’23 and was made at $3.14 per share for $81692.0. Following the transaction, the insider now directly holds 2.63 million shares of the BLNK stock.
Still, SEC filings show that on Sep 26 ’23, FARKAS MICHAEL D (Former Director Chairman & CEO) disposed off 26,000 shares at an average price of $3.02 for $78546.0. The insider now directly holds 2,656,616 shares of Blink Charging Co (BLNK).
