There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Blink Charging Co (BLNK) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.26%, to $3.92. The Blink Charging Co has recorded 25,296 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Blink CEO, Brendan Jones, to Discuss Blink’s Continuous Record Growth and Path to Profitability at UBS Industrials Summit on November 29.
As a NASDAQ listed company, BLNK falls under the Industrials sector while operating within the Engineering & Construction industry segment. At the end of the last regular session, the stock closed at $3.91 and fluctuated between $4.0700 as its day high and $3.8600 as its day low. The current market capitalization of Blink Charging Co is $263.57M. A total of 3.44 million shares were traded on the day, compared to an average of 2.71M shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, BLNK has seen 0 BUY and 28 SELL insider trades, representing the acquisition of 0 and the disposition of 724,000 shares. Over the last 12 months, there were 15 BUYs and 73 SELLs from insiders. Insiders purchased 1,538,835 shares during that period but sold 2,230,662.
In the most recent transaction, FARKAS MICHAEL D sold 52,000 shares of BLNK for 3.04 per share on Sep 28. After the transaction, the Former Director Chairman & CEO now owns 2,578,616 company shares. In a previous transaction on Sep 27, FARKAS MICHAEL D sold 26,000 shares at 3.14 per share. BLNK shares that Former Director Chairman & CEO owns now total 2,630,616.
Among the insiders who sold shares, FARKAS MICHAEL D disposed of 26,000 shares on Sep 26 at a per-share price of $3.02. This resulted in the Former Director Chairman & CEO holding 2,656,616 shares of BLNK after the transaction. In another insider transaction, FARKAS MICHAEL D sold 26,000 shares at $3.15 per share on Sep 22. Company shares held by the Former Director Chairman & CEO now total 2,682,616.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BLNK in the last 3 months, the mean price target is $9.33 with high estimates of $25.00 and low estimates of $3.00. In terms of 52-week highs and lows, BLNK has a high of $15.40 and a low of $2.22.
As of this writing, BLNK has an earnings estimate of -$0.33 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.27 per share and a lower estimate of -$0.51. The company reported an EPS of -$0.67 in the last quarter, which was -36.70% lower than expectations of -$0.49.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $3.27, while its Total Shareholder’s Equity was $213.83M.
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 3.67.