Blackline Safety (CVE:BLN) Shares Down 0.3% – Here’s Why

Blackline Safety Corp. (CVE:BLNGet Free Report) shares were down 0.3% during trading on Wednesday . The company traded as low as C$8.92 and last traded at C$8.92. Approximately 15,300 shares traded hands 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.

Analyst Upgrades and Downgrades

Separately, TD Securities downgraded Blackline Safety from a “strong-buy” rating to a “hold” rating in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Blackline Safety has an average rating of “Buy”.

Read Our Latest Stock Analysis on Blackline Safety

Blackline Safety Stock Performance

The firm has a 50 day moving average of C$8.92 and a two-hundred day moving average of C$8.92.

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