Blackline Safety Corp. (TSE:BLN - Get Free Report)'s stock price hit a new 52-week high on Thursday . The company traded as high as C$6.87 and last traded at C$6.84, with a volume of 26357 shares. The stock had previously closed at C$6.83.
Analyst Ratings Changes
Several analysts recently issued reports on the stock. Raymond James upped their price objective on shares of Blackline Safety from C$7.00 to C$8.00 in a report on Thursday, September 19th. TD Securities increased their target price on shares of Blackline Safety from C$6.00 to C$7.50 in a research note on Thursday, September 12th. Ventum Cap Mkts upgraded Blackline Safety to a "strong-buy" rating in a research note on Wednesday, September 4th. ATB Capital lifted their price objective on Blackline Safety from C$6.00 to C$7.50 in a report on Thursday, September 12th. Finally, National Bankshares raised their price target on shares of Blackline Safety from C$6.00 to C$6.50 in a research note on Thursday, September 12th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of C$7.00.
Check Out Our Latest Report on BLN
Blackline Safety Stock Down 1.2 %
The firm's fifty day moving average price is C$6.39 and its 200-day moving average price is C$7.29. The company has a market cap of C$551.27 million, a price-to-earnings ratio of -29.35 and a beta of 1.54. The company has a current ratio of 2.07, a quick ratio of 3.09 and a debt-to-equity ratio of 36.48.
Blackline Safety Company Profile
(
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Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones.
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