Blink Charging Co (BLNK): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Engineering & Construction industry segment, falling under the Industrials sector. The current market capitalization of Blink Charging Co is $79.08M. A total of 2.05 million shares were traded on the day, compared to an average of 3.96M shares.

In the most recent transaction, LEVINE JACK bought 20,000 shares of BLNK for 1.70 per share on Sep 26 ’24. After the transaction, the Director now owns 175,718 company shares. In a previous transaction on Sep 19 ’24, Peterson Kristina A. sold 24,077 shares at 1.80 per share. BLNK shares that Director owns now total 0.

Among the insiders who sold shares, Peterson Kristina A. disposed of 4,510 shares on Jun 25 ’24 at a per-share price of $2.77. This resulted in the Director holding 0 shares of BLNK after the transaction.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BLNK has a high of $3.75 and a low of $0.63.

As of this writing, BLNK has an earnings estimate of -$0.12 per share for the current quarter. EPS was calculated based on a consensus of 2.0 estimates, with a high estimate of -$0.11 per share and a lower estimate of -$0.13.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BLNK’s latest balance sheet shows that the firm has $174.79M in Cash & Short Term Investments as of fiscal 2021. There were $2.09M in debt and $16.23M in liabilities at the time. Its Book Value Per Share was $1.16, while its Total Shareholder’s Equity was $213.83M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BLNK is Buy with a score of 3.75.

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