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Blackline Safety (TSE:BLN) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Blackline Safety logo with Computer and Technology background

Blackline Safety Corp. (TSE:BLN - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$6.50 and traded as high as C$6.75. Blackline Safety shares last traded at C$6.74, with a volume of 19,132 shares.

Blackline Safety Price Performance

The firm has a market capitalization of C$550.46 million, a PE ratio of -29.30 and a beta of 1.54. The company has a debt-to-equity ratio of 36.48, a current ratio of 2.07 and a quick ratio of 3.09. The company has a 50-day moving average price of C$6.50 and a 200-day moving average price of C$7.11.

Blackline Safety Company Profile

(Get Free Report)

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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