Blackline Safety (OTCMKTS:BLKLF) Trading Up 1.5% – Time to Buy?

Shares of Blackline Safety Corp. (OTCMKTS:BLKLF) shot up 1.5% on Monday . The company traded as high as $4.92 and last traded at $4.89. 4,500 shares changed hands during trading, a decline of 69% from the average session volume of 14,295 shares. The stock had previously closed at $4.82.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BLKLF shares. Royal Bank Of Canada started coverage on shares of Blackline Safety in a research note on Wednesday, December 17th. They set an “outperform” rating for the company. TD Securities lowered shares of Blackline Safety from a “buy” rating to a “hold” rating in a report on Friday, September 12th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Blackline Safety Stock Up 1.5%

The company’s fifty day simple moving average is $4.99 and its two-hundred day simple moving average is $5.04.

About Blackline Safety

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.