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

Blackline Safety Corp. (CVE:BLN) shares were down 0.3% during mid-day trading on Monday . The stock traded as low as C$8.92 and last traded at C$8.92. Approximately 15,300 shares were traded 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.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded shares of Blackline Safety to a “moderate buy” rating in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Blackline Safety currently has a consensus rating of “Buy”.

Blackline Safety Trading Down 0.3%

The company has a fifty day moving average price of C$8.92 and a 200 day moving average price of C$8.92.