Insider Selling: Blackline Safety Corp. (TSE:BLN) Director Sells 2,300 Shares of Stock

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

Blackline Safety Stock Performance

Blackline Safety stock opened at C$6.36 on Friday. The company has a debt-to-equity ratio of 23.58, a quick ratio of 3.09 and a current ratio of 1.97. The company has a market capitalization of C$536.29 million, a PE ratio of -38.71 and a beta of 1.54. The company has a 50 day moving average price of C$6.84 and a 200-day moving average price of C$6.52. Blackline Safety Corp. has a fifty-two week low of C$3.95 and a fifty-two week high of C$7.61.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Canaccord Genuity Group raised their price objective on shares of Blackline Safety from C$8.00 to C$8.50 and gave the stock a “buy” rating in a research note on Thursday, March 13th. Ventum Financial raised their price target on Blackline Safety from C$7.75 to C$8.25 and gave the stock a “buy” rating in a research note on Thursday, March 13th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average 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.