Black Diamond Group (TSE:BDI) Director Acquires C$33,000.00 in Stock

Black Diamond Group Limited (TSE:BDI) Director Daryle Jonathan William Warren bought 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was purchased at an average price of C$16.50 per share, for a total transaction of C$33,000.00. Following the completion of the acquisition, the director owned 359,928 shares in the company, valued at C$5,938,812. This represents a 0.56% increase in their ownership of the stock.

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

• On Wednesday, May 6th, Daryle Jonathan William Warren bought 1,000 shares of Black Diamond Group stock. The stock was purchased at an average price of C$17.12 per share, for a total transaction of C$17,120.00.

Black Diamond Group Price Performance

Shares of BDI opened at C$17.25 on Thursday. Black Diamond Group Limited has a 12-month low of C$9.20 and a 12-month high of C$18.75. The business’s fifty day moving average is C$16.56 and its 200 day moving average is C$15.74. The company has a quick ratio of 1.05, a current ratio of 1.45 and a debt-to-equity ratio of 93.57. The stock has a market cap of C$1.18 billion, a P/E ratio of 35.20 and a beta of 1.12.

Black Diamond Group (TSE:BDI) last issued its earnings results on Thursday, April 30th. The company reported C$0.04 earnings per share (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 for the quarter. Sell-side analysts anticipate that Black Diamond Group Limited will post 0.5349233 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BDI has been the topic of several recent analyst reports. Raymond James Financial cut Black Diamond Group from a “strong-buy” rating to a “moderate buy” rating and raised their price objective for the company from C$18.00 to C$20.00 in a research note on Tuesday, January 20th. Canaccord Genuity Group raised their price objective on Black Diamond Group from C$17.00 to C$20.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Finally, BMO Capital Markets raised their price objective on Black Diamond Group from C$18.00 to C$20.00 in a research note on Friday, January 16th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$19.25.

Black Diamond Group Company Profile

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.