Blink Charging Co. (NASDAQ:BLNK) went up by 9.09% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Specialty Retail giant went up by $5.28 to trade ended Thursday trading at $4.84. This is up from the $4.84 price recorded on Wednesday’s trading session. Thanks to this latest performance, BLNK is closer to the higher price 52-week target of $5.00 and further from the lowest price target of $5.00. Its performance from the start of the year has also been positive, with BLNK up by 183.87% year-to-date.
Blink Charging Co. (BLNK) started the day trading at $5.41 and recorded an intraday high of $6.25. It also recorded an intraday low of $5.01 during Thursday’s trading session. Blink Charging Co. is a very active stock that recorded a trading volume that is more than 88.03% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 17707326, which is more than 88.03 of the total average daily trading volume of 2.12 million.
Blink Charging Co. (NASDAQ:BLNK) 2020 Performance Impressive
The increase in BLNK’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BLNK currently stands at $6.74, which is higher than the current trading price of the stock by 21.66%. However, BLNK’s current trading price is -322.4% lower than the 52-week low price of $1.25. In terms of trading volume, Blink Charging Co. currently experienced healthy participation during the last trading session. 17707326 shares of Blink Charging Co. were traded on the stock exchange on Thursday, which is more than 88.03% of the 2.12 million average trading volume of the stock.
The performance of the stock has been positive over the past year. BLNK’s performance over the past one year has seen it surge by 94.12%, while the stock has gone up by 179.37% in the last six months. The quarterly performance of BLNK currently stands at 225.93%, and it is up by 179.38% in the last month. The only positive figure was from the weekly performance, which currently reads 94.12%. At the time of writing BLNK’s report, the company has a total market cap of $133.58M, making it one of the largest publicly-traded companies in the world.Blink Charging Co. also has over 67 employees all over the world.
BLNK Insider Activities
For Blink Charging Co., insiders hold 6.00% of all company shares. The insider transactions over the past six months are up by 1.70%. During that period, insiders bought 83,074 shares in 5 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Blink Charging Co. now hold 7.83M shares, which is over 5.71% of the total company stocks. Institutional investors currently hold a large chunk of the BLNK shares, as they control 27.87% of the company’s total stock.
BLNK Fundamental Analysis
For Blink Charging Co., the stock’s diluted earnings per share (EPS) stands at -0.41. In the coming year, analysts expect the EPS to be -0.22. The stock’s EPS growth this year is 71.70%, 52.10% in the previous five years. In terms of revenue, Blink Charging Co.’s quarterly sales (YOY) is shrinking at -0.10, which is lower than the average annual revenue of 52.10% over the past half a decade.
The Return on Investment (ROI) on Blink Charging Co.’s stock currently stands at -133.60%. The gross margin of the company is 18.60%.
BLNK Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BLNK currently stands at 88.59%, while the SMA50 is 146.62%. The biggest one is the SMA200, which is currently reading 148.47% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 76.36.
