Blackline Safety Corp. (TSE:BLN - Get Free Report) traded up 1% during mid-day trading on Thursday . The stock traded as high as C$6.30 and last traded at C$6.29. 84,079 shares were traded during mid-day trading, an increase of 101% from the average session volume of 41,893 shares. The stock had previously closed at C$6.23.
Analysts Set New Price Targets
Several brokerages have recently commented on BLN. Ventum Financial increased their price objective on Blackline Safety from C$6.50 to C$7.00 in a report on Thursday, September 12th. TD Securities raised their target price on shares of Blackline Safety from C$6.00 to C$7.50 in a report on Thursday, September 12th. Ventum Cap Mkts upgraded Blackline Safety to a "strong-buy" rating in a research note on Wednesday, September 4th. Raymond James boosted their price target on Blackline Safety from C$7.00 to C$8.00 in a report on Thursday, September 19th. Finally, National Bankshares upped their price objective on Blackline Safety from C$6.00 to C$6.50 in a research report on Thursday, September 12th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$7.00.
Read Our Latest Stock Report on BLN
Blackline Safety Trading Down 1.1 %
The stock has a market cap of C$507.99 million, a PE ratio of -27.04 and a beta of 1.54. The company has a debt-to-equity ratio of 36.48, a quick ratio of 3.09 and a current ratio of 2.07. The company's 50-day moving average price is C$6.34 and its 200 day moving average price is C$7.53.
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.
Further Reading
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