Blackline Safety Corp. (TSE:BLN – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$7.50 and last traded at C$7.49, with a volume of 462582 shares changing hands. The stock had previously closed at C$7.20.
Blackline Safety Price Performance
The company has a market cap of C$608.44 million, a price-to-earnings ratio of -32.39 and a beta of 1.54. The company has a current ratio of 2.07, a quick ratio of 3.09 and a debt-to-equity ratio of 36.48. The business has a 50-day moving average price of C$6.64 and a 200 day moving average price of C$6.92.
Insider Activity
In related news, Director Robert Herdman sold 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of C$7.25, for a total value of C$87,000.00. 30.13% of the stock is currently owned by company insiders.
About Blackline Safety
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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