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 the company’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 value of C$15,180.00.

Blackline Safety Stock Performance

Shares of TSE:BLN traded down C$0.28 on Thursday, hitting C$6.46. 26,911 shares of the company were exchanged, compared to its average volume of 76,241. The company’s 50 day moving average price is C$6.86 and its two-hundred day moving average price is C$6.51. The firm has a market capitalization of C$544.72 million, a price-to-earnings ratio of -39.32 and a beta of 1.54. The company has a debt-to-equity ratio of 23.58, a quick ratio of 3.09 and a current ratio of 1.97. Blackline Safety Corp. has a one year low of C$3.95 and a one year high of C$7.61.

Analyst Ratings Changes

A number of research firms recently issued reports on BLN. Ventum Financial raised 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 raised their price target 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 investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target 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.