Insider Selling: Blackline Safety Corp. (TSE:BLN) Director Sells 2,300 Shares of Stock

Blackline Safety Corp. (TSE:BLN - Get Free Report) Director Michael Franklin Hayduk sold 2,300 shares of the business's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of C$6.60, for a total transaction of C$15,180.00.

Blackline Safety Price Performance

TSE BLN traded down C$0.03 on Tuesday, reaching C$6.33. 160,571 shares of the company's stock traded hands, compared to its average volume of 80,227. The stock has a market cap of C$533.76 million, a PE ratio of -38.53 and a beta of 1.54. The company has a debt-to-equity ratio of 23.58, a current ratio of 1.97 and a quick ratio of 3.09. Blackline Safety Corp. has a 12 month low of C$3.95 and a 12 month high of C$7.61. The stock has a 50-day simple moving average of C$6.83 and a 200 day simple moving average of C$6.53.

Analyst Ratings Changes

Several analysts have weighed in on BLN shares. Ventum Financial raised their price target on Blackline Safety from C$7.75 to C$8.25 and gave the company a "buy" rating in a report on Thursday, March 13th. Canaccord Genuity Group raised their price objective on shares of Blackline Safety from C$8.00 to C$8.50 and gave the company a "buy" rating in a research report on Thursday, March 13th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$7.39.

About Blackline Safety

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.