Hot Stock in Focus: Blink Charging Co. (NASDAQ: BLNK)

Business News

On Wednesday, Blink Charging Co. (NASDAQ: BLNK) stock observed trading -52.47% off 52-week high price. On the other end, the stock has been noted 29.49% away from low price over the last 52-weeks. The stock disclosed a move of -18.57% away from 50 day moving average and -26.08% away from 200 day moving average. Moving closer, we can see that shares have been trading -10.83% off 20-day moving average. It has market cap of $52.54M.

Blink Charging Co. (BLNK, BLNKW) reported that the company has deployed electric vehicle charging stations at Hotel Rose in the heart of downtown Portland.

The EV stations are installed in the property’s main parking lot outside of the entrance. The Blink equipment offers hotel guests the fastest level 2 charging speeds with the new equipment, being the only Level 2 EV Charging equipment on the market capable of outputting 80 amps of power.

Hotel Rose is part of the Staypineapple Hotel Group offering extraordinary locations, whimsical designs, and thoughtful amenities, including the installation of EV charging stations to meet the demands of its trendy and technologically savvy guest.

“Being a forward-thinking hotel in one of Portland’s most vibrant neighborhoods, we’re very excited about our new Blink IQ 200 charging stations as they fit perfectly into our vision of thoughtful amenities for our on-the-go guests,” stated a Hotel Rose Representative.

The USA based company Blink Charging Co. moved with change of -2.42% to $2.02 with the total traded volume of 128440 shares in recent session versus to an average volume of 142.88K. The stock was observed in the 5 days activity at -7.34%. The one-month performance of stock was -18.88%. BLNK’s shares are at -25.46% for the quarter and driving a -6.48% return over the course of the past year and is now at 17.44% since this point in 2018.  Right now, the stock beta is 3.48. The average volatility for the week and month was at 4.27% and 4.42% respectively. There are 26.01M shares outstanding and 17.63M shares are floated in market.