Robert Wagemakers Sells 1,000 Shares of Black Diamond Group (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Director Robert Wagemakers sold 1,000 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$20.00, for a total transaction of C$20,000.00. Following the transaction, the director owned 9,000 shares of the company’s stock, valued at C$180,000. This represents a 10.00% decrease in their ownership of the stock.

Robert Wagemakers also recently made the following trade(s):

• On Tuesday, May 26th, Robert Wagemakers sold 1,500 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.09, for a total transaction of C$28,635.00.

Black Diamond Group Stock Performance

TSE BDI traded up C$0.15 on Thursday, reaching C$19.86. 232,928 shares of the company’s stock traded hands, compared to its average volume of 161,731. The firm has a market cap of C$1.36 billion, a price-to-earnings ratio of 40.53 and a beta of 1.12. The stock has a 50 day moving average price of C$16.94 and a 200-day moving average price of C$16.01. Black Diamond Group Limited has a fifty-two week low of C$9.20 and a fifty-two week high of C$20.14. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45.

Black Diamond Group (TSE:BDI) last posted its earnings results on Thursday, April 30th. The company reported C$0.04 earnings per share (EPS) for the quarter. The company 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%. Equities research analysts predict that Black Diamond Group Limited will post 0.5349233 EPS for the current fiscal year.

Analysts Set New Price Targets

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