Blackline Safety Corp. (TSE:BLN) Director Sells C$15,180.00 in Stock

Blackline Safety Corp. (TSE:BLN) Director Michael Franklin Hayduk sold 2,300 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of C$6.60, for a total transaction of C$15,180.00.

Blackline Safety Price Performance

TSE BLN opened at C$6.36 on Friday. The company has a quick ratio of 3.09, a current ratio of 1.97 and a debt-to-equity ratio of 23.58. The stock has a market capitalization of C$536.29 million, a PE ratio of -38.71 and a beta of 1.54. Blackline Safety Corp. has a 12-month low of C$3.95 and a 12-month high of C$7.61. The company has a 50 day moving average price of C$6.84 and a two-hundred day moving average price of C$6.51.

Wall Street Analyst Weigh In

BLN has been the subject of a number of research reports. Ventum Financial lifted their target price on shares of Blackline Safety from C$7.75 to C$8.25 and gave the company a “buy” rating in a research note 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 research report on Thursday, March 13th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$7.39.

Blackline Safety Company Profile

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.