Blackline Safety Corp (CVE:BLN) insider DAK Capital Inc. acquired 2,000 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was acquired at an average cost of C$6.89 per share, for a total transaction of C$13,780.00. Following the transaction, the insider now owns 12,128,764 shares of the company’s stock, valued at approximately C$83,567,183.96.

DAK Capital Inc. also recently made the following trade(s):

  • On Monday, June 29th, DAK Capital Inc. acquired 700 shares of Blackline Safety stock. The stock was acquired at an average cost of C$5.50 per share, for a total transaction of C$3,850.00.
  • On Wednesday, June 10th, DAK Capital Inc. acquired 2,200 shares of Blackline Safety stock. The stock was acquired at an average cost of C$5.67 per share, for a total transaction of C$12,474.00.
  • On Friday, June 5th, DAK Capital Inc. purchased 2,000 shares of Blackline Safety stock. The shares were purchased at an average cost of C$5.48 per share, for a total transaction of C$10,960.00.

Shares of CVE BLN traded down C$0.22 during trading on Tuesday, reaching C$5.43. 5,791 shares of the stock traded hands, compared to its average volume of 18,596. Blackline Safety Corp has a 52-week low of C$3.53 and a 52-week high of C$7.40. The company has a debt-to-equity ratio of 5.25, a current ratio of 2.91 and a quick ratio of 2.36. The company has a 50-day moving average of C$5.42 and a 200-day moving average of C$5.77. The stock has a market capitalization of $222.74 million and a P/E ratio of -24.57.

A number of research analysts have recently commented on BLN shares. Pi Financial reaffirmed a “buy” rating and set a C$9.00 price target on shares of Blackline Safety in a research report on Wednesday, June 17th. Raymond James set a C$8.75 price target on Blackline Safety and gave the company an “outperform” rating in a research report on Friday.

Blackline Safety Company Profile

Blackline Safety Corp., a global connected safety technology company, develops, manufactures, and markets products and services for worker safety monitoring in Canada, the United States, Europe, Australia, New Zealand, and internationally. The company offers G7c, a safety monitoring device for indoor and outdoor locations covered by 3G wireless; G7x, a safety monitoring device for remote locations that are not covered by 3G wireless; standard cartridge for lone worker monitoring, single-gas cartridge for gas detection scenarios requiring only a single sensor, and multi-gas diffusion and pump cartridges for gas detection scenarios requiring up to five sensors; G7 Bridge, a portable satellite base station for remote locations, communicates with G7x; and G7 Dock, an accessory product used to calibrate G7c and G7x devices periodically while also offering frequent testing to prove that gas sensors are fully functional.

Further Reading: How Does the Quiet Period Work?

Insider Buying and Selling by Quarter for Blackline Safety (CVE:BLN)

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