Blackline Safety (OTCMKTS:BLKLF) Stock Price Down 4.4% – What’s Next?

Blackline Safety Corp. (OTCMKTS:BLKLF) shares fell 4.4% on Thursday . The company traded as low as $4.71 and last traded at $4.79. 108,769 shares were traded during mid-day trading, an increase of 548% from the average session volume of 16,788 shares. The stock had previously closed at $5.01.

Wall Street Analyst Weigh In

Separately, National Bankshares reiterated an “outperform” rating on shares of Blackline Safety in a research note on Thursday, June 12th.

Blackline Safety Trading Down 4.4%

The company’s fifty day simple moving average is $5.34 and its two-hundred day simple moving average is $4.94.

About Blackline Safety

Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones.