Blackline Safety (CVE:BLN) Trading Down 0.3% – Here’s What Happened

Blackline Safety Corp. (CVE:BLN) shares dropped 0.3% during mid-day trading on Thursday . The company traded as low as C$8.92 and last traded at C$8.92. Approximately 15,300 shares were traded during 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 shares of Blackline Safety to a “moderate buy” rating in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Blackline Safety Trading Down 0.3%

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