Blackline Safety (TSE:BLN) Reaches New 52-Week High – Still a Buy?

Blackline Safety Corp. (TSE:BLN)’s stock price reached a new 52-week high on Friday . The company traded as high as C$7.10 and last traded at C$6.98, with a volume of 104310 shares changing hands. The stock had previously closed at C$7.00.

Blackline Safety Trading Down 0.3 %

The company has a market cap of C$570.06 million, a price-to-earnings ratio of -30.35 and a beta of 1.54. The company has a current ratio of 2.07, a quick ratio of 3.09 and a debt-to-equity ratio of 36.48. The firm’s 50-day moving average price is C$6.56 and its 200 day moving average price is C$6.99.

About Blackline Safety

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.