Blink Charging Co (BLNK) Director Donald Engel Acquires 45,000 Shares

Blink Charging Co (NASDAQ:BLNK) Director Donald Engel purchased 45,000 shares of Blink Charging stock in a transaction dated Monday, December 3rd. The shares were purchased at an average price of $2.20 per share, for a total transaction of $99,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ:BLNK traded up $0.02 during midday trading on Friday, hitting $2.12. 600 shares of the stock were exchanged, compared to its average volume of 256,204. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.58 and a current ratio of 3.70. Blink Charging Co has a 12 month low of $1.28 and a 12 month high of $15.00.

Blink Charging (NASDAQ:BLNK) last released its quarterly earnings results on Wednesday, November 14th. The company reported ($0.13) earnings per share for the quarter. The firm had revenue of $0.55 million for the quarter. Blink Charging had a return on equity of 4,449.22% and a net margin of 965.14%.

Several large investors have recently added to or reduced their stakes in BLNK. Perkins Capital Management Inc. bought a new stake in shares of Blink Charging during the third quarter worth about $104,000. Northern Trust Corp bought a new stake in shares of Blink Charging during the second quarter worth about $109,000. Man Group plc bought a new stake in shares of Blink Charging during the third quarter worth about $143,000. BlackRock Inc. grew its holdings in shares of Blink Charging by 1,420,100.0% during the second quarter. BlackRock Inc. now owns 28,404 shares of the company’s stock worth $146,000 after purchasing an additional 28,402 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Blink Charging during the second quarter worth about $294,000. Institutional investors own 12.09% of the company’s stock.

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Blink Charging Company Profile

Blink Charging Co owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment that enable EV drivers to recharge at various location types. It also provides Blink Network, a cloud-based software that operates, maintains, and tracks various Blink EV charging stations and associated charging data, as well as provides property owners, managers, and parking companies with cloud-based services that enable the remote monitoring and management of EV charging stations and payment processing.

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