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 dated 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 Price Performance

BLN stock opened at C$6.36 on Friday. The company’s 50 day simple moving average is C$6.84 and its 200-day simple moving average is C$6.51. Blackline Safety Corp. has a 52-week low of C$3.95 and a 52-week high of C$7.61. The company has a debt-to-equity ratio of 23.58, a current ratio of 1.97 and a quick ratio of 3.09. The firm has a market capitalization of C$536.29 million, a P/E ratio of -38.71 and a beta of 1.54.

Analyst Upgrades and Downgrades

BLN has been the subject of several recent research reports. Ventum Financial increased 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 increased their price objective 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 equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Blackline Safety presently 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.