Blackline Safety (CVE:BLN) Stock Price Down 0.3% – Should You Sell?

Blackline Safety Corp. (CVE:BLN) shares were down 0.3% during mid-day trading on Tuesday . The company traded as low as C$8.92 and last traded at C$8.92. Approximately 15,300 shares changed hands during 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 Analysts Forecast Growth

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

Blackline Safety Price Performance

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