Michael Franklin Hayduk Sells 2,300 Shares of Blackline Safety Corp. (TSE:BLN) Stock

Blackline Safety Corp. (TSE:BLN) Director Michael Franklin Hayduk sold 2,300 shares of Blackline Safety stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of C$6.60, for a total value of C$15,180.00.

Blackline Safety Stock Down 4.2 %

BLN stock traded down C$0.28 during trading hours on Thursday, hitting C$6.46. The company’s stock had a trading volume of 26,911 shares, compared to its average volume of 76,241. The stock has a 50 day moving average price of C$6.86 and a two-hundred day moving average price of C$6.51. 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 market capitalization of C$544.72 million, a PE ratio of -39.32 and a beta of 1.54. The company has a quick ratio of 3.09, a current ratio of 1.97 and a debt-to-equity ratio of 23.58.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BLN shares. Ventum Financial boosted their price objective on shares of Blackline Safety from C$7.75 to C$8.25 and gave the company a “buy” rating in a research report on Thursday, March 13th. Canaccord Genuity Group boosted their price target on shares of Blackline Safety from C$8.00 to C$8.50 and gave the company a “buy” rating in a report on Thursday, March 13th. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Blackline Safety 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.