Insider Selling: Black Diamond Group (TSE:BDI) Insider Sells 10,000 Shares of Stock

Black Diamond Group Limited (TSE:BDIGet Free Report) insider Michael Lenard Ridley sold 10,000 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of C$17.50, for a total transaction of C$175,000.00. Following the completion of the transaction, the insider directly owned 432,253 shares of the company’s stock, valued at approximately C$7,564,427.50. The trade was a 2.26% decrease in their ownership of the stock.

Black Diamond Group Stock Up 0.8%

Black Diamond Group stock traded up C$0.14 during trading hours on Friday, hitting C$17.90. 39,147 shares of the stock traded hands, compared to its average volume of 155,081. Black Diamond Group Limited has a one year low of C$9.20 and a one year high of C$18.75. The firm’s 50-day moving average price is C$16.64 and its two-hundred day moving average price is C$15.84. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57. The company has a market cap of C$1.23 billion, a PE ratio of 36.53 and a beta of 1.12.

Black Diamond Group (TSE:BDIGet Free Report) last released its earnings results on Thursday, April 30th. The company reported C$0.04 EPS for the quarter. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%.The company had revenue of C$129.98 million during the quarter. On average, research analysts forecast that Black Diamond Group Limited will post 0.5349233 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group boosted their target price on shares of Black Diamond Group from C$17.00 to C$20.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$19.25.

View Our Latest Stock Report on BDI

Black Diamond Group Company Profile

(Get Free Report)

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. The company also provides specialized field rentals to the oil and gas industries of Canada and the United States. Besides, Black Diamond Group provides turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance, and ancillary field equipment rentals. From its locations, the company serves multiple sectors including oil and gas, mining, power, construction, engineering, military, government, and education.

Featured Stories

Insider Buying and Selling by Quarter for Black Diamond Group (TSE:BDI)

Receive News & Ratings for Black Diamond Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Diamond Group and related companies with MarketBeat.com's FREE daily email newsletter.