Insider Buying: Blackline Safety Corp. (TSE:BLN) Director Purchases 2,500 Shares of Stock

Blackline Safety Corp. (TSE:BLNGet Free Report) Director Jason W. Cohenour acquired 2,500 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were acquired at an average price of C$7.10 per share, with a total value of C$17,755.25.

Blackline Safety Price Performance

BLN traded up C$0.05 on Friday, reaching C$7.05. The stock had a trading volume of 73,509 shares, compared to its average volume of 76,249. Blackline Safety Corp. has a fifty-two week low of C$3.90 and a fifty-two week high of C$7.25. The firm has a 50-day moving average of C$6.56 and a 200-day moving average of C$6.99. The company has a current ratio of 2.07, a quick ratio of 3.09 and a debt-to-equity ratio of 36.48. The company has a market capitalization of C$575.77 million, a price-to-earnings ratio of -30.65 and a beta of 1.54.

About Blackline Safety

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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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