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

Black Diamond Group Limited (TSE:BDI) Director Steve Stein sold 20,000 shares of the firm’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 transaction, the director owned 609,636 shares of the company’s stock, valued at C$10,827,135.36. The trade was a 3.18% decrease in their ownership of the stock.

Black Diamond Group Stock Up 0.8%

Black Diamond Group stock traded up C$0.14 during mid-day trading on Friday, reaching C$17.90. The stock had a trading volume of 39,147 shares, 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 company has a 50-day moving average price of C$16.64 and a two-hundred day moving average price of C$15.84. The company has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 36.53 and a beta of 1.12. The company has a debt-to-equity ratio of 93.57, a current ratio of 1.45 and a quick ratio of 1.05.

Black Diamond Group (TSE:BDI) last released its quarterly earnings data 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%. On average, analysts expect that Black Diamond Group Limited will post 0.5349233 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group increased their target price 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. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus 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.