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Wall Street pauses as Bay Street climbsMarkets climb on AstraZeneca vaccineStimulus stalls, markets slipBLNK’s growth has been quite strong in recent years, which was mainly driven by share issuance to implement acquisitions. It is now trading at 1.4x times' Price/Book. The company still has negative operating income in the last few years. The balance sheet is decent, with net cash of $31M. But trailing twelve-month cash flow is negative -$82M compared to -$41M last year. The company has a strong appetite for growth. However, given that the company issues too many shares to do acquisitions, BLNK is still unprofitable and generating negative cash flow. We would be cautious with the name. It is small, and the steep decline in the stock makes it harder to attract new interest. We do not think it is the type of market for it.
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BLNK’s growth has been quite strong in recent years, which was mainly driven by share issuance to implement acquisitions. It is now trading at 1.4x times' Price/Book.
The company still has negative operating income in the last few years.
The balance sheet is decent, with net cash of $31M.
But trailing twelve-month cash flow is negative -$82M compared to -$41M last year.
The company has a strong appetite for growth.
However, given that the company issues too many shares to do acquisitions, BLNK is still unprofitable and generating negative cash flow. We would be cautious with the name.
It is small, and the steep decline in the stock makes it harder to attract new interest.
We do not think it is the type of market for it.
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It is in the charging equipment and services space. It is volatile and has lots of competition. You could buy it here and add more if it goes lower.
(Analysts’ price target is $12.81)E-charging stations will be a commodity, he predicts. But he prefers Generac (GNRC).
Blink Charging Co. is a American stock, trading under the symbol BLNK-Q on the NASDAQ (BLNK). It is usually referred to as NASDAQ:BLNK or BLNK-Q
In the last year, there was no coverage of Blink Charging Co. published on Stockchase.
Blink Charging Co. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Blink Charging Co..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Blink Charging Co. In the last year. It is a trending stock that is worth watching.
On 2024-11-15, Blink Charging Co. (BLNK-Q) stock closed at a price of $1.525.
BLNK’s growth has been quite strong in recent years, which was mainly driven by share issuance to implement acquisitions. It is now trading at 1.4x times' Price/Book. The company still has negative operating income in the last few years. The balance sheet is decent, with net cash of $31M. But trailing twelve-month cash flow is negative -$82M compared to -$41M last year. The company has a strong appetite for growth. However, given that the company issues too many shares to do acquisitions, BLNK is still unprofitable and generating negative cash flow. We would be cautious with the name. It is small, and the steep decline in the stock makes it harder to attract new interest. We do not think it is the type of market for it.
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