rts logo

Check out this: Blink Charging Co (BLNK) could be on the verge of a big rally

Blink Charging Co (NASDAQ: BLNK) is -9.73% lower on its value in year-to-date trading and has touched a low of $2.18 and a high of $7.25 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 $3.15 in the last trading session, with the day’s loss setting it -0.09%.

Currently trading at $3.06, the stock is -2.45% and 7.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.67 million and changing -2.86% at the moment leaves the stock 0.69% off its SMA200. BLNK registered -53.98% loss for a year compared to 6-month gain of 7.37%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 5.52% loss in the last 1 month and extending the period to 3 months gives it a -4.08%, and is -1.61% 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 6.34% over the week and 6.92% over the month.

Blink Charging Co (BLNK) has around 706 employees, a market worth around $309.24M and $156.50M in sales. Profit margin for the company is -122.09%. Distance from 52-week low is 40.37% and -57.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-62.94%).

The EPS is expected to grow by 79.88% this year.

Blink Charging Co (BLNK) Top Institutional Holders

The shares outstanding are 92.82M, and float is at 92.75M with Short Float at 20.99%.

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).

Related Posts