Insider Selling: Black Diamond Group (TSE:BDI) Director Sells C$28,635.00 in Stock

Black Diamond Group Limited (TSE:BDI) Director Robert Wagemakers sold 1,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$19.09, for a total transaction of C$28,635.00. Following the completion of the sale, the director directly owned 10,000 shares in the company, valued at approximately C$190,900. This represents a 13.04% decrease in their position.

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

• On Thursday, May 28th, Robert Wagemakers sold 1,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$20.00, for a total transaction of C$20,000.00.

Black Diamond Group Stock Performance

Shares of BDI stock opened at C$19.86 on Friday. The company’s fifty day simple moving average is C$16.94 and its 200-day simple moving average is C$16.01. The company has a quick ratio of 1.05, a current ratio of 1.45 and a debt-to-equity ratio of 93.57. The firm has a market cap of C$1.36 billion, a PE ratio of 40.53 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$20.14.

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

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group boosted their price objective on shares of 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 investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average 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.