Blackline Safety Corp. (TSE:BLN - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as C$7.89 and last traded at C$7.62, with a volume of 6548 shares trading hands. The stock had previously closed at C$7.70.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. Canaccord Genuity Group increased their target price 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. Ventum Financial raised their price target on shares of Blackline Safety from C$7.75 to C$8.25 and gave the stock a "buy" rating in a report on Thursday, March 13th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Blackline Safety has a consensus rating of "Buy" and a consensus target price of C$7.39.
Read Our Latest Research Report on BLN
Blackline Safety Price Performance
The stock has a market cap of C$645.90 million, a price-to-earnings ratio of -46.62 and a beta of 1.54. The stock's 50 day moving average price is C$6.81 and its two-hundred day moving average price is C$6.74. The company has a quick ratio of 3.09, a current ratio of 1.97 and a debt-to-equity ratio of 23.58.
Insider Activity at Blackline Safety
In other Blackline Safety news, Director Robert Herdman sold 6,000 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$6.69, for a total transaction of C$40,140.00. 30.13% of the stock is owned by company insiders.
About Blackline Safety
(
Get Free Report)
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.
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