Blackline Safety (TSE:BLN) Hits New 1-Year High – Should You Buy?

Shares of Blackline Safety Corp. (TSE:BLNGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$7.50 and last traded at C$7.49, with a volume of 462582 shares traded. The stock had previously closed at C$7.20.

Blackline Safety Stock Performance

The company’s 50 day moving average is C$6.60 and its 200 day moving average is C$6.93. The firm has a market cap of C$611.71 million, a P/E ratio of -32.57 and a beta of 1.54. The company has a debt-to-equity ratio of 36.48, a quick ratio of 3.09 and a current ratio of 2.07.

About Blackline Safety

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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.

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