Blackline Safety Corp. (TSE:BLN) Director Robert Herdman Sells 6,000 Shares

Blackline Safety Corp. (TSE:BLN) Director Robert Herdman sold 6,000 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$6.69, for a total value of C$40,140.00.

Robert Herdman also recently made the following trade(s):

• On Wednesday, February 5th, Robert Herdman sold 12,000 shares of Blackline Safety stock. The stock was sold at an average price of C$7.25, for a total value of C$87,000.00.

Blackline Safety Stock Up 1.6 %

Shares of TSE:BLN opened at C$6.97 on Thursday. Blackline Safety Corp. has a 52-week low of C$3.95 and a 52-week high of C$7.61. The stock has a market cap of C$587.72 million, a P/E ratio of -42.42 and a beta of 1.54. The business’s 50 day moving average is C$6.87 and its 200 day moving average is C$6.50. The company has a quick ratio of 3.09, a current ratio of 1.97 and a debt-to-equity ratio of 23.58.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Ventum Financial increased their price target on Blackline Safety from C$7.75 to C$8.25 and gave the stock a “buy” rating in a report on Thursday, March 13th. Canaccord Genuity Group increased their price target on Blackline Safety from C$8.00 to C$8.50 and gave the stock 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’s stock. Based on data from MarketBeat, Blackline Safety presently 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.