|Bid||26.75 x 1000|
|Ask||26.75 x 3100|
|Day's range||24.45 - 26.85|
|52-week range||13.60 - 49.00|
|Beta (5Y monthly)||3.60|
|PE ratio (TTM)||N/A|
|Earnings date||09 Nov 2022 - 14 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||27.89|
What happened When Blink Charging (NASDAQ: BLNK) reported its second-quarter results this week, investors tanked the stock. But a month-long surge in the share price resumed not long after, with shares up 56% in just the last 30 days.
Blink Charging (NASDAQ: BLNK) stock tumbled Tuesday, sinking 9.1% as of 12:50 p.m. ET today. It wasn't just the broader market weakness that hit the electric vehicle (EV) charging stock; investors were reacting to Blink Charging's second-quarter numbers that came out yesterday after market close, and they weren't happy to see the company's losses widen. It doesn't matter that Blink Charging's revenue is growing at a blistering pace.
Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?