Blackline Safety (OTCMKTS:BLKLF) Trading 1.5% Higher – Here’s What Happened

by · The Markets Daily

Blackline Safety Corp. (OTCMKTS:BLKLF – Get Free Report)’s share price shot up 1.5% on Monday . The company traded as high as $4.92 and last traded at $4.89. 4,500 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 14,295 shares. The stock had previously closed at $4.82.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on BLKLF shares. Royal Bank Of Canada began coverage on Blackline Safety in a research note on Wednesday, December 17th. They issued an “outperform” rating on the stock. TD Securities cut shares of Blackline Safety from a “buy” rating to a “hold” rating in a research report on Friday, September 12th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Read Our Latest Report on Blackline Safety

Blackline Safety Trading Down 0.3%

The company’s 50-day simple moving average is $4.98 and its 200-day simple moving average is $5.04.

About Blackline Safety

(Get Free Report)

Blackline Safety Corp. is a global provider of cloud-connected safety monitoring solutions designed to protect workers operating in hazardous environments. Headquartered in Calgary, Alberta, the company offers a suite of wearable gas detection and lone worker monitoring devices that integrate with its proprietary SafetyCloud platform. These solutions enable real-time visibility into worker safety status, environmental conditions, and emergency alerts, helping organizations comply with regulatory requirements and respond swiftly to incidents.

The company’s flagship products include the G7 series of wearable monitors, which combine multi-gas detection, two-way cellular communication, GPS tracking, and automatic man-down alerts in a single device.

See Also