Blackline Safety (CVE:BLN) Trading Down 0.3% – What’s Next?

Blackline Safety Corp. (CVE:BLNGet Free Report)’s stock price dropped 0.3% during trading on Wednesday . The stock traded as low as C$8.92 and last traded at C$8.92. Approximately 15,300 shares traded hands during trading, a decline of 35% from the average daily volume of 23,527 shares. The stock had previously closed at C$8.95.

Wall Street Analyst Weigh In

Separately, TD Securities lowered shares of Blackline Safety from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on Blackline Safety

Blackline Safety Price Performance

The stock’s 50 day simple moving average is C$8.92 and its 200 day simple moving average is C$8.92.

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