Blackline Safety (CVE:BLN) Trading Down 0.3% – What’s Next?

Blackline Safety Corp. (CVE:BLN)’s stock price traded down 0.3% on Friday . The stock traded as low as C$8.92 and last traded at C$8.92. 15,300 shares traded hands during trading, a decline of 35% from the average session volume of 23,527 shares. The stock had previously closed at C$8.95.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised Blackline Safety to a “moderate buy” rating in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Blackline Safety presently has an average rating of “Buy”.

Blackline Safety Stock Performance

The business has a 50 day moving average price of C$8.92 and a 200-day moving average price of C$8.92.