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

Blackline Safety Corp. (CVE:BLN)’s stock price was down 0.3% during trading on Monday . The company traded as low as C$8.92 and last traded at C$8.92. Approximately 15,300 shares were traded 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.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts upgraded shares of Blackline Safety to a “strong-buy” rating in a research note on Wednesday, September 4th.

Blackline Safety Price Performance

Blackline Safety (CVE:BLN) last posted its quarterly earnings data on Wednesday, September 11th. The company reported C($0.02) earnings per share for the quarter, hitting the consensus estimate of C($0.02). The business had revenue of C$33.69 million for the quarter, compared to analyst estimates of C$32.21 million.