| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 37.6MM | -12% |
| Gross Profit | 13.4MM | +27% |
| Cost Of Revenue | 24.1MM | -25% |
| Operating Income | -17.5MM | -4% |
| Operating Expenses | 30.9MM | +8% |
| Net Income | -17.2MM | -13% |
| G&A | 7.8MM | -11% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Bowie, Md., July 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, has been selected as an official supplier in NASPO ValuePoint’s new EV Charging Station Portfolio. Spearheaded by the State of Maryland and funded through NASPO’s emerging markets initiative, this portfolio aims to provide public entities nationwide with electric vehicle ch
Bowie, MD, July 24, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, will announce its second quarter results on Wednesday, August 7, 2024, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company’s results for the second quarter which ended Ju
EV stocks have largely been depressed in the last 12 to 18 months. The fundamental reasons include macroeconomic headwinds, slower than expected EV adoption and competition. I can say with some conviction that several EV players will perish in the next few years on the back of cash burn and intense competition. However, fundamentally strong EV companies will survive and continue to grow at a healthy rate. It’s therefore time to separate the winners from the losers. Further, given the valuations,
Houston, Texas, July 17, 2024 (GLOBE NEWSWIRE) -- Meristem Communities, a Houston-based real estate development company committed to creating Places for People™, has announced an agreement with Envoy Technologies Inc. (“Envoy”), a Blink Charging Co. entity and leading provider of electric vehicle car-sharing services and community-based electric vehicles (EVs). Under the agreement, Envoy will deploy EV carsharing services at Indigo, a new 235-acre neighborhood in Fort Bend County, Texas. Envoy i
There are a few reasons I’m bullish on EV charging stocks for growing one’s wealth this year and the future. One big reason is that EV charging stocks are releasing technologies to make their processes more efficient. These improvements in charging have made EVs more convenient for the consumer. The deployment of faster chargers, amounting to more than one-third of the public charging infrastructure at the end of 2023, is surpassing the deployment of the slower ones. Fast chargers are vital, as
If electric vehicles are the future, we desperately need more charging stations, I said in June. “As we wait for that to happen, now may be the time to buy some of the best EV charging stocks,” I added. Shortly after saying that, some of the top EV charging stocks exploded higher. All thanks to optimism over improving electric vehicle sales. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As noted by Cox Automotive, “Electric vehicle sales in the U.S. grew by 11.3% year over year
It’s unrealistic to expect early-stage companies to deliver robust margins and cash flows. However, some companies continue to burn cash for an extended period, and it translates into shareholder wealth destruction. A good example of wealth destruction on the back of cash burn is Lucid Group (NASDAQ:LCID) stock from the EV sector. This column discusses what I would classify as pre-EBITDA growth stocks. To elaborate, these are growth stocks that represent good businesses with positive industry ta
It is doubtless a positive to see that the Blink Charging Co. ( NASDAQ:BLNK ) share price has gained some 33% in the...
Making big money from short-squeeze stocks became a trend during the euphoric growth stock rally of 2021. Investors targeted depressed stocks with high short interest, and an initial rally quickly transformed into a big upside on short covering. With plenty of action in the penny and meme stock space, there continue to be some good short-squeeze opportunities. I understand that many investors exclusively focus on quality ideas for long term investing. However, as a new age investor, I would allo
If electric vehicles are the future, we desperately need more charging stations. As we wait for this to happen, now may be the time to buy some of the best EV charging stocks. Not helping, the lack of charging stations has been a real turn-off for EV owners. In fact, according to a new McKinsey report, 46% of EV owners said they’re likely to switch back to gas-powered vehicles because of the lack of charging infrastructure. “Range anxiety and access to charging infrastructure have long been cons