Blackline Safety Corp. (TSE:BLN - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$6.45 and traded as high as C$6.92. Blackline Safety shares last traded at C$6.85, with a volume of 47,415 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on BLN. ATB Capital raised their price objective on Blackline Safety from C$6.00 to C$7.50 in a research note on Thursday, September 12th. TD Securities raised their price objective on Blackline Safety from C$6.00 to C$7.50 in a research note on Thursday, September 12th. Ventum Financial raised their price objective on Blackline Safety from C$6.50 to C$7.00 in a research note on Thursday, September 12th. Raymond James raised their target price on Blackline Safety from C$7.00 to C$8.00 in a research report on Thursday, September 19th. Finally, National Bankshares raised their target price on Blackline Safety from C$6.00 to C$6.50 in a research report on Thursday, September 12th. One investment 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 company's stock. According to MarketBeat.com, Blackline Safety has a consensus rating of "Buy" and an average target price of C$7.00.
View Our Latest Analysis on BLN
Blackline Safety Trading Down 0.1 %
The stock has a market capitalization of C$558.62 million, a PE ratio of -29.74 and a beta of 1.54. The firm has a 50-day moving average price of C$6.45 and a 200-day moving average price of C$7.22. The company has a current ratio of 2.07, a quick ratio of 3.09 and a debt-to-equity ratio of 36.48.
About Blackline Safety
(
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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