Blackline Safety (TSE:BLN) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Dec 4th, 2025

Blackline Safety Corp. (TSE:BLN – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$7.11 and traded as high as C$7.12. Blackline Safety shares last traded at C$7.02, with a volume of 55,974 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BLN. ATB Capital upped their price objective on shares of Blackline Safety from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. TD Securities cut Blackline Safety from a “buy” rating to a “hold” rating and cut their price target for the company from C$8.50 to C$8.00 in a report on Friday, September 12th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$8.94.

Get Our Latest Stock Analysis on Blackline Safety

Blackline Safety Price Performance

The stock has a market cap of C$610.12 million, a price-to-earnings ratio of -78.00 and a beta of 0.99. The company has a quick ratio of 3.09, a current ratio of 1.97 and a debt-to-equity ratio of 23.58. The company’s 50-day moving average is C$7.11 and its 200-day moving average is C$7.04.

Blackline Safety (TSE:BLN – Get Free Report) last released its quarterly earnings data on Thursday, September 11th. The company reported C$0.02 earnings per share for the quarter. Blackline Safety had a negative return on equity of 29.94% and a negative net margin of 9.90%.The company had revenue of C$37.59 million for the quarter. Equities research analysts expect that Blackline Safety Corp. will post -0.05 earnings per share for the current fiscal year.

Blackline Safety Company Profile

(Get Free Report)

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.