Free Trial

Blackline Safety (TSE:BLN) Stock Crosses Below Fifty Day Moving Average - Should You Sell?

Blackline Safety logo with Computer and Technology background

Blackline Safety Corp. (TSE:BLN - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$7.25 and traded as low as C$7.11. Blackline Safety shares last traded at C$7.11, with a volume of 618 shares.

Analyst Ratings Changes

BLN has been the subject of a number of analyst reports. Ventum Financial upped their price objective on shares of Blackline Safety from C$7.75 to C$8.25 and gave the stock a "buy" rating in a research report on Thursday, March 13th. Canaccord Genuity Group lifted their price objective on Blackline Safety from C$8.00 to C$8.50 and gave the company a "buy" rating in a report on Thursday, March 13th.

Read Our Latest Analysis on BLN

Blackline Safety Trading Down 0.4%

The firm has a market cap of C$599.53 million, a price-to-earnings ratio of -43.27 and a beta of 1.54. The business has a 50 day moving average of C$7.25 and a 200 day moving average of C$6.90. The company has a quick ratio of 3.09, a current ratio of 1.97 and a debt-to-equity ratio of 23.58.

Blackline Safety Company Profile

(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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Blackline Safety Right Now?

Before you consider Blackline Safety, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blackline Safety wasn't on the list.

While Blackline Safety currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines