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

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

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised Blackline Safety to a “moderate buy” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Blackline Safety Stock Performance

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