However, the stock has lost 21.8% in price over the past month and 51.4% over the past three months to close yesterday’s trading session at $2.66. It is currently hovering near its 52-week low of $2.17, which it hit on May 11, 2021.
BLIN faces intense competition from other players in the crowded digital space. Furthermore, its losses widened significantly in the third quarter. So, BLIN’s near-term prospects look bleak.