Blackline Safety (CVE:BLN) Stock Price Down 0.3% – Here’s Why

Blackline Safety Corp. (CVE:BLNGet Free Report) fell 0.3% during mid-day trading on Thursday . The company traded as low as C$8.92 and last traded at C$8.92. 15,300 shares were traded during mid-day trading, a decline of 35% from the average session volume of 23,527 shares. The stock had previously closed at C$8.95.

Analysts Set New Price Targets

Separately, Ventum Cap Mkts upgraded Blackline Safety to a “strong-buy” rating in a research note on Wednesday, September 4th.

Read Our Latest Research Report on Blackline Safety

Blackline Safety Trading Down 0.3 %

The stock has a 50-day simple moving average of C$8.92.

Blackline Safety (CVE:BLNGet Free Report) last announced its quarterly earnings results on Wednesday, September 11th. The company reported C($0.02) EPS for the quarter, meeting the consensus estimate of C($0.02). The company had revenue of C$33.69 million during the quarter, compared to analyst estimates of C$32.21 million.

Further Reading

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