Blackline Safety Corp. (TSE:BLN - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$6.58 and traded as low as C$6.11. Blackline Safety shares last traded at C$6.20, with a volume of 77,570 shares changing hands.
Analyst Ratings Changes
Several research firms recently weighed in on BLN. ATB Capital raised their target price on shares of Blackline Safety from C$6.00 to C$7.50 in a research note 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 research note on Thursday, September 12th. Raymond James raised their price target on Blackline Safety from C$7.00 to C$8.00 in a report on Thursday, September 19th. National Bankshares raised their price target on Blackline Safety from C$6.00 to C$6.50 in a report on Thursday, September 12th. Finally, Ventum Cap Mkts raised Blackline Safety to a "strong-buy" rating in a report on Wednesday, September 4th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$7.00.
View Our Latest Stock Analysis on Blackline Safety
Blackline Safety Stock Up 4.2 %
The firm has a fifty day simple moving average of C$6.53 and a 200-day simple moving average of C$8.09. The firm has a market cap of C$527.59 million, a price-to-earnings ratio of -28.09 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.
Blackline Safety Company Profile
(
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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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