Blackline Safety (OTCMKTS:BLKLF) Trading 1% Higher – Here’s What Happened

Blackline Safety Corp. (OTCMKTS:BLKLF) rose 1% during mid-day trading on Thursday . The stock traded as high as $5.14 and last traded at $5.14. Approximately 2,450 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 14,394 shares. The stock had previously closed at $5.09.

Analysts Set New Price Targets

Separately, TD Securities lowered Blackline Safety from a “buy” rating to a “hold” rating in a report on Friday, September 12th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Blackline Safety has an average rating of “Moderate Buy”.

Blackline Safety Stock Up 1.0%

The firm has a fifty day moving average of $5.11 and a 200 day moving average of $5.12.

Blackline Safety Company Profile

Blackline Safety Corp. develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally. It offers G6 zero-maintenance single-gas cloud-connected gas monitors, G7c safety wearable for indoor and outdoor locations covered by 4G wireless, G7x safety wearable for remote locations, and G7 EXO area gas monitors; field-replaceable cartridges; G7 Bridge, a portable satellite base station; G7 Dock and G6 Dock; accessories used to calibrate G6, G7c, and G7x devices; and Loner Mobile, a safety monitoring application for smartphones.