Black Diamond Group (TSE:BDI) Stock Price Crosses Above 200 Day Moving Average of $0.00

Black Diamond Group Limited (TSE:BDI) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$4.64. Black Diamond Group shares last traded at C$4.60, with a volume of 89,624 shares changing hands.

Several analysts have issued reports on BDI shares. BMO Capital Markets upped their price target on shares of Black Diamond Group from C$5.00 to C$5.50 and gave the company a “na” rating in a report on Thursday. Raymond James upped their price target on shares of Black Diamond Group from C$4.50 to C$6.25 and gave the company an “outperform” rating in a report on Friday, May 7th. Finally, Cormark upped their price objective on shares of Black Diamond Group from C$4.25 to C$5.00 in a research note on Tuesday, March 9th.

The company has a debt-to-equity ratio of 87.16, a quick ratio of 1.13 and a current ratio of 1.31. The stock has a market capitalization of C$264.84 million and a price-to-earnings ratio of -382.50. The firm’s 50 day moving average is C$4.02.

Black Diamond Group (TSE:BDI) last announced its quarterly earnings data on Wednesday, May 5th. The company reported C$0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.01) by C$0.06. The firm had revenue of C$65.75 million for the quarter, compared to analysts’ expectations of C$55.00 million. As a group, research analysts forecast that Black Diamond Group Limited will post 0.25 earnings per share for the current year.

Black Diamond Group Company Profile (TSE:BDI)

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, manufacturing, education, financial, and resource industries, as well as government agencies in North America.

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