Black Diamond Group (TSE:BDI) Director Acquires C$17,120.00 in Stock

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

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 stock was bought at an average cost of C$16.50 per share, for a total transaction of C$33,000.00.

Black Diamond Group Stock Down 2.7%

BDI traded down C$0.47 during trading on Monday, hitting C$16.93. The company had a trading volume of 216,584 shares, compared to its average volume of 158,507. The company has a market cap of C$1.16 billion, a PE ratio of 34.55 and a beta of 1.12. The business has a 50-day moving average of C$16.59 and a 200-day moving average of C$15.67. 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 Limited has a 1-year low of C$9.19 and a 1-year high of C$18.75.

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

Wall Street Analysts Forecast Growth

BDI has been the topic of a number of research reports. BMO Capital Markets increased their target price on shares of Black Diamond Group from C$18.00 to C$20.00 in a report on Friday, January 16th. Canaccord Genuity Group increased their target price 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. Finally, Raymond James Financial cut shares of Black Diamond Group from a “strong-buy” rating to a “moderate buy” rating and increased their target price 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, According to MarketBeat.com, Black Diamond Group has a consensus rating of “Buy” and a consensus price target 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.