Beeline Holdings Inc [NASDAQ: BLNE] price surged by 6.60 percent to reach at $0.05.
A sum of 10184260 shares traded at recent session while its average daily volume was at 1.21M shares. Beeline Holdings Inc shares reached a high of $1.15 and dropped to a low of $0.71 until finishing in the latest session at $0.77.
The one-year BLNE stock forecast points to a potential upside of 97.8. The average equity rating for BLNE stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Beeline Holdings Inc [BLNE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLNE shares is $35.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLNE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Beeline Holdings Inc is set at 0.15, with the Price to Sales ratio for BLNE stock in the period of the last 12 months amounting to 0.88. The Price to Book ratio for the last quarter was 0.13, with the Price to Cash per share for the same quarter was set at 0.17.
BLNE Stock Performance Analysis:
Beeline Holdings Inc [BLNE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.67. With this latest performance, BLNE shares dropped by -36.36% in over the last four-week period, additionally sinking by -89.15% over the last 6 months – not to mention a drop of -92.06% in the past year of trading.
Insight into Beeline Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Beeline Holdings Inc [BLNE] shares currently have an operating margin of -91.07% and a Gross Margin at 4.07%. Beeline Holdings Inc’s Net Margin is presently recorded at -81.57%.
Return on Equity for this stock declined to -13.88%, with Return on Assets sitting at -13.88%.
Beeline Holdings Inc [BLNE] Institutonal Ownership Details
There are presently around $3.08%, or 4.00%% of BLNE stock, in the hands of institutional investors.
