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Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$51,699.60 in Stock

kopsource ·  Aug 15, 2022 15:41

Black Diamond Group Limited (TSE:BDI – Get Rating) Senior Officer Michael Lenard Ridley sold 12,575 shares of the stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of C$4.11, for a total value of C$51,699.60. Following the sale, the insider now directly owns 136,115 shares of the company's stock, valued at C$559,609.60.

Black Diamond Group Stock Performance

TSE:BDI traded down C$0.16 during trading hours on Monday, reaching C$4.06. The stock had a trading volume of 35,486 shares, compared to its average volume of 67,506. The company has a debt-to-equity ratio of 74.03, a quick ratio of 1.03 and a current ratio of 1.34. The stock has a 50 day simple moving average of C$3.77 and a 200 day simple moving average of C$4.25. Black Diamond Group Limited has a 12-month low of C$3.10 and a 12-month high of C$5.65. The stock has a market cap of C$240.78 million and a P/E ratio of 11.28.

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Black Diamond Group (TSE:BDI – Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The company reported C$0.06 EPS for the quarter, topping analysts' consensus estimates of C$0.05 by C$0.01. The company had revenue of C$69.43 million during the quarter, compared to the consensus estimate of C$66.80 million. On average, research analysts forecast that Black Diamond Group Limited will post 0.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Raymond James raised Black Diamond Group from an "outperform" rating to a "strong-buy" rating and increased their price target for the company from C$6.50 to C$8.00 in a research report on Monday, August 8th.

About Black Diamond Group

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Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.

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