Black Diamond Group (TSE:BDI) Director Sells C$183,200.00 in Stock

Black Diamond Group Limited (TSE:BDI) Director Trevor Haynes sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of C$18.32, for a total transaction of C$183,200.00. Following the transaction, the director directly owned 4,043,535 shares in the company, valued at C$74,077,561.20. The trade was a 0.25% decrease in their ownership of the stock.

Trevor Haynes also recently made the following trade(s):

• On Thursday, May 21st, Trevor Haynes sold 15,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$17.68, for a total transaction of C$265,200.00.

Black Diamond Group Stock Up 3.1%

BDI stock opened at C$19.71 on Thursday. The company has a 50 day moving average of C$16.86 and a two-hundred day moving average of C$15.97. The company has a market cap of C$1.35 billion, a price-to-earnings ratio of 40.22 and a beta of 1.12. Black Diamond Group Limited has a 12-month low of C$9.20 and a 12-month high of C$19.82. The company has a quick ratio of 1.05, a current ratio of 1.45 and a debt-to-equity ratio of 93.57.

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

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their target price on Black Diamond Group from C$17.00 to C$20.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.