Blackline Safety Corp Stock Today
| BLKLF Stock | USD 3.21 0.16 5.25% |
Performance7 of 100
| Odds Of DistressLess than 21
|
Blackline Safety is trading at 3.21 as of the 17th of April 2024. This is a 5.25 percent up since the beginning of the trading day. The stock's lowest day price was 3.2. Blackline Safety has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Blackline Safety Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Blackline Safety Corp., develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, Australia, New Zealand, and internationally. Blackline Safety Corp. was founded in 2004 and is headquartered in Calgary, Canada. The company has 72.14 M outstanding shares. More on Blackline Safety Corp
Blackline Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Blackline Safety's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Blackline Safety or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman and CEO | Cody Slater |
| Business Concentration | Information Technology, Communications Equipment, Software—Application, Technology (View all Sectors) |
Blackline Safety Corp [BLKLF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Small-Cap' category with a current market capitalization of 121.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Blackline Safety's market, we take the total number of its shares issued and multiply it by Blackline Safety's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Blackline Safety Corp classifies itself under Communications Equipment sector and is part of Information Technology industry. The entity has 72.14 M outstanding shares.
Blackline Safety Corp has accumulated about 10.49 M in cash with (50.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Blackline Safety Probability Of Bankruptcy
Ownership AllocationBlackline Safety Corp retains a total of 72.14 Million outstanding shares. Blackline Safety Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Blackline Ownership Details
Blackline Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Blackline Safety jumping above the current price in 90 days from now is about 22.66%. The Blackline Safety Corp probability density function shows the probability of Blackline Safety pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Blackline Safety has a beta of 0.4539 suggesting as returns on the market go up, Blackline Safety average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Blackline Safety Corp will be expected to be much smaller as well. Additionally, blackline Safety Corp has an alpha of 0.0678, implying that it can generate a 0.0678 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Blackline Safety to move above the current price in 90 days from now is about 22.66 (This Blackline Safety Corp probability density function shows the probability of Blackline Pink Sheet to fall within a particular range of prices over 90 days) .
Blackline Safety Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Blackline Safety market risk premium is the additional return an investor will receive from holding Blackline Safety long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Blackline Safety. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Blackline Safety's alpha and beta are two of the key measurements used to evaluate Blackline Safety's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.64 | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.54 |
Blackline Stock Against Markets
Picking the right benchmark for Blackline Safety pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Blackline Safety pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Blackline Safety is critical whether you are bullish or bearish towards Blackline Safety Corp at a given time. Please also check how Blackline Safety's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blackline Safety without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Blackline Safety Corporate Directors
Blackline Safety corporate directors refer to members of a Blackline Safety board of directors. The board of directors generally takes responsibility for the Blackline Safety's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Blackline Safety's board members must vote for the resolution. The Blackline Safety board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Brad Gilewich | Director | Profile | |
| John Finbow | Independent Director | Profile | |
| Michael Hayduk | Independent Director | Profile | |
| Clark Swanson | Pres and Director | Profile |
How to buy Blackline Pink Sheet?
Before investing in Blackline Safety, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Blackline Safety. To buy Blackline Safety stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Blackline Safety. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Blackline Safety stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Blackline Safety Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Blackline Safety Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Blackline Safety Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Blackline Safety Corp?
The danger of trading Blackline Safety Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Blackline Safety is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Blackline Safety. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Blackline Safety Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackline Safety Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Blackline Pink Sheet analysis
When running Blackline Safety's price analysis, check to measure Blackline Safety's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline Safety is operating at the current time. Most of Blackline Safety's value examination focuses on studying past and present price action to predict the probability of Blackline Safety's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline Safety's price. Additionally, you may evaluate how the addition of Blackline Safety to your portfolios can decrease your overall portfolio volatility.
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