Black Diamond Group (TSE:BDI) Director Steve Stein Sells 20,000 Shares

Black Diamond Group Limited (TSE:BDI) Director Steve Stein sold 20,000 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of C$17.76, for a total value of C$355,200.00. Following the sale, the director directly owned 609,636 shares in the company, valued at C$10,827,135.36. This trade represents a 3.18% decrease in their position.

Black Diamond Group Stock Up 0.3%

Shares of TSE BDI opened at C$17.81 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57. The stock has a market capitalization of C$1.22 billion, a PE ratio of 36.35 and a beta of 1.12. The stock’s fifty day simple moving average is C$16.67 and its two-hundred day simple moving average is C$15.85. Black Diamond Group Limited has a 12-month low of C$9.20 and a 12-month high of C$18.75.

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

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their target price on 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 equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average 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.