Black Diamond Group (TSE:BDI) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Black Diamond Group Limited (TSE:BDI) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.85 and traded as high as C$9.75. Black Diamond Group shares last traded at C$9.74, with a volume of 38,968 shares changing hands.

Black Diamond Group Price Performance

The firm has a market capitalization of C$606.41 million, a P/E ratio of 24.67 and a beta of 1.54. The company has a fifty day moving average of C$8.73 and a 200 day moving average of C$8.85. The company has a debt-to-equity ratio of 88.46, a current ratio of 1.17 and a quick ratio of 1.05.

Insider Transactions at Black Diamond Group

In other Black Diamond Group news, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$9.35, for a total value of C$62,645.00. Also, Senior Officer Tobias Gerald Labrie sold 3,540 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of C$8.35, for a total value of C$29,559.00. In the last 90 days, insiders sold 32,598 shares of company stock worth $295,304. 23.83% of the stock is owned by company insiders.

About Black Diamond Group

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.