Black Diamond Group (TSE:BDI) Director Trevor Haynes Sells 10,000 Shares

Black Diamond Group Limited (TSE:BDI) Director Trevor Haynes sold 10,000 shares of the company’s stock in a transaction dated 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 sale, the director owned 4,043,535 shares of the company’s stock, valued at C$74,077,561.20. This trade represents 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 shares were sold at an average price of C$17.68, for a total transaction of C$265,200.00.

Black Diamond Group Stock Performance

Shares of TSE BDI traded up C$0.87 during mid-day trading on Monday, hitting C$18.68. The company had a trading volume of 165,106 shares, compared to its average volume of 155,504. The company has a debt-to-equity ratio of 93.57, a current ratio of 1.45 and a quick ratio of 1.05. The business’s 50-day simple moving average is C$16.72 and its 200-day simple moving average is C$15.89. Black Diamond Group Limited has a 12 month low of C$9.20 and a 12 month high of C$18.75. The firm has a market cap of C$1.28 billion, a P/E ratio of 38.12 and a beta of 1.12.

Black Diamond Group (TSE:BDI) last released its earnings results on Thursday, April 30th. The company reported C$0.04 earnings per share 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 during the quarter. As a group, analysts predict 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 increased 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 note on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price 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.