Daryle Jonathan William Warren Purchases 1,000 Shares of Black Diamond Group (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Director Daryle Jonathan William Warren purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were purchased at an average cost of C$17.12 per share, with a total value of C$17,120.00. Following the completion of the acquisition, the director owned 360,928 shares in the company, valued at approximately C$6,179,087.36. This represents a 0.28% increase in their position.

Daryle Jonathan William Warren also recently made the following trade(s):

• On Monday, May 4th, Daryle Jonathan William Warren purchased 2,000 shares of Black Diamond Group stock. The shares were purchased at an average cost of C$16.50 per share, with a total value of C$33,000.00.

Black Diamond Group Price Performance

BDI opened at C$17.05 on Wednesday. The company has a fifty day simple moving average of C$16.56 and a 200 day simple moving average of C$15.73. The firm has a market cap of C$1.17 billion, a price-to-earnings ratio of 34.80 and a beta of 1.12. Black Diamond Group Limited has a twelve month low of C$9.20 and a twelve month high of C$18.75. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57.

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BDI shares. Canaccord Genuity Group raised their price objective on shares of Black Diamond Group from C$17.00 to C$20.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. BMO Capital Markets raised their price objective on shares of Black Diamond Group from C$18.00 to C$20.00 in a report on Friday, January 16th. Finally, Raymond James Financial lowered shares of Black Diamond Group from a “strong-buy” rating to a “moderate buy” rating and raised their price objective for the stock from C$18.00 to C$20.00 in a report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$19.25.

About Black Diamond Group

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.