Shares of Blackline Safety Corp. (TSE:BLN - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$6.87 and traded as low as C$6.64. Blackline Safety shares last traded at C$6.79, with a volume of 39,539 shares.
Analyst Ratings Changes
A number of analysts have recently commented on BLN shares. Ventum Financial upped their price objective on Blackline Safety from C$7.75 to C$8.25 and gave the stock a "buy" rating in a report on Thursday, March 13th. Canaccord Genuity Group raised their price objective on Blackline Safety from C$8.00 to C$8.50 and gave the stock a "buy" rating in a report on Thursday, March 13th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Blackline Safety has an average rating of "Buy" and a consensus target price of C$7.39.
Read Our Latest Analysis on Blackline Safety
Blackline Safety Price Performance
The company's 50-day simple moving average is C$6.88 and its 200-day simple moving average is C$6.46. The company has a debt-to-equity ratio of 23.58, a current ratio of 1.97 and a quick ratio of 3.09. The company has a market cap of C$547.25 million, a price-to-earnings ratio of -39.50 and a beta of 1.54.
Insiders Place Their Bets
In other news, Director Robert Herdman sold 12,000 shares of Blackline Safety stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of C$7.25, for a total value of C$87,000.00. Insiders have sold 19,900 shares of company stock worth $140,212 in the last three months. 30.13% of the stock is owned by insiders.
Blackline Safety Company Profile
(
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Blackline Safety Corp is a connected safety monitoring technology company. It provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations with coverage in more than 100 countries.
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