Insider Selling: Black Diamond Group (TSE:BDI) Director Sells C$355,200.00 in Stock

Black Diamond Group Limited (TSE:BDIGet Free Report) Director Steve Stein sold 20,000 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of C$17.76, for a total value of C$355,200.00. Following the completion of the sale, the director directly owned 609,636 shares in the company, valued at C$10,827,135.36. This trade represents a 3.18% decrease in their position.

Black Diamond Group Stock Performance

Shares of BDI stock opened at C$17.81 on Monday. The stock has a market cap of C$1.22 billion, a P/E ratio of 36.35 and a beta of 1.12. The company has a quick ratio of 1.05, a current ratio of 1.45 and a debt-to-equity ratio of 93.57. Black Diamond Group Limited has a fifty-two week low of C$9.20 and a fifty-two week high of C$18.75. The business has a fifty day simple moving average of C$16.67 and a 200-day simple moving average of C$15.86.

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

Analyst Ratings Changes

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

Read Our Latest 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.

Recommended 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.