Black Diamond Group (TSE:BDI) Insider Sells C$4,867,275.00 in Stock

Black Diamond Group Limited (TSE:BDI) insider Kernwood Limited sold 255,500 shares of the company’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of C$19.05, for a total transaction of C$4,867,275.00. Following the transaction, the insider owned 6,584,800 shares of the company’s stock, valued at C$125,440,440. This trade represents a 3.74% decrease in their ownership of the stock.

Kernwood Limited also recently made the following trade(s):

• On Tuesday, July 7th, Kernwood Limited sold 200 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.02, for a total value of C$3,804.00.
• On Tuesday, July 7th, Kernwood Limited sold 7,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.01, for a total value of C$146,377.00.
• On Tuesday, July 7th, Kernwood Limited sold 400 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.00, for a total value of C$7,600.00.
• On Wednesday, July 8th, Kernwood Limited sold 192,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.18, for a total value of C$3,682,560.00.
• On Thursday, July 9th, Kernwood Limited sold 56,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.09, for a total transaction of C$1,069,040.00.

Black Diamond Group Stock Down 0.8%

Shares of TSE BDI opened at C$18.82 on Tuesday. The company has a 50 day simple moving average of C$18.45 and a 200 day simple moving average of C$17.10. The company has a debt-to-equity ratio of 93.57, a current ratio of 1.45 and a quick ratio of 1.05. Black Diamond Group Limited has a 1 year low of C$10.63 and a 1 year high of C$20.14. The firm has a market cap of C$1.29 billion, a PE ratio of 38.41 and a beta of 1.08.

Black Diamond Group (TSE:BDI) last posted 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 firm had revenue of C$129.98 million for the quarter. On average, research analysts forecast that Black Diamond Group Limited will post 0.5349233 EPS for the current year.

About Black Diamond Group

Black Diamond is an industrial services and asset management company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). Black Diamond operates in Canada, the United States and Australia. MSS, through its principal brands – BOXX Modular, CLM and Schiavi – owns a large rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors.