A Reversal for Blackline Safety Corp Is Not Near. The Stock Declines Again

 A Reversal for Blackline Safety Corp Is Not Near. The Stock Declines Again

The stock of Blackline Safety Corp (CVE:BLN) is a huge mover today! About 3,800 shares traded hands. Blackline Safety Corp (CVE:BLN) has risen 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
The move comes after 6 months negative chart setup for the $88.64 million company. It was reported on Nov, 25 by Barchart.com. We have $2.91 PT which if reached, will make CVE:BLN worth $2.66M less.

More recent Blackline Safety Corp (CVE:BLN) news were published by: Marketwatch.com which released: “Blackline Safety Announces Stock Option Grant” on November 21, 2016. Also Marketwired.com published the news titled: “DAK Investments Corp. Acquires Shares of Blackline Safety Corp.” on June 24, 2016. Marketwired.com‘s news article titled: “Blackline Safety Ranks No. 228 on the 2016 Profit 500” with publication date: September 15, 2016 was also an interesting one.

Blackline Safety Corp., formerly Blackline GPS Corp., is a Canada wireless location company, which develops, makes, and markets services and products for worker safety monitoring. The company has a market cap of $88.64 million. The Company’s Loner solutions empower organizations in various industries and geographic locations with real-time safety incident awareness. It currently has negative earnings. The Company’s portfolio of solutions address every lone worker scenario, including indoors, outdoors, in between buildings, hazardous sites, while driving and in remote locations.

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