Blackline Safety (TSE:BLN) Hits New 1-Year High – Here’s Why

Blackline Safety Corp. (TSE:BLNGet Free Report) hit a new 52-week high during 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. The stock had previously closed at C$7.20.

Blackline Safety Trading Down 2.0 %

The company has a market cap of C$608.44 million, a PE ratio of -32.39 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. The company has a 50 day simple moving average of C$6.64 and a two-hundred day simple moving average of C$6.92.

Insider Activity at Blackline Safety

In related news, Director Robert Herdman sold 12,000 shares of Blackline Safety stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of C$7.25, for a total transaction of C$87,000.00. 30.13% of the stock is currently owned by insiders.

Blackline Safety Company Profile

(Get Free Report)

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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