Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Blue Line Protection Group, Inc. (BLPG) offers a range of vital services to companies operating in the legal cannabis sector throughout the United States. These include armed security, secure transportation, banking facilitation, regulatory compliance assistance, and specialized training programs. Among its offerings are comprehensive asset logistics, encompassing armored transport services for safeguarding shipments, secure cash escorts, and the vaulting of valuable assets. The company also provides financial services, specifically managing the secure movement and storage of currency. Established in 2006, the organization was initially named The Engraving Masters, Inc., before officially rebranding to Blue Line Protection Group, Inc. in May 2014. Its corporate headquarters are located in Denver, Colorado.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'