Daryle Jonathan William Warren Purchases 1,000 Shares of Black Diamond Group (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Director Daryle Jonathan William Warren bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was purchased at an average price of C$17.12 per share, with a total value of C$17,120.00. Following the completion of the purchase, the director directly owned 360,928 shares of the company’s stock, valued at approximately C$6,179,087.36. This trade represents a 0.28% increase in their position.

Daryle Jonathan William Warren also recently made the following trade(s):

• On Monday, May 4th, Daryle Jonathan William Warren bought 2,000 shares of Black Diamond Group stock. The stock was purchased at an average price of C$16.50 per share, with a total value of C$33,000.00.

Black Diamond Group Stock Down 2.7%

Shares of BDI stock traded down C$0.47 on Monday, hitting C$16.93. The stock had a trading volume of 216,584 shares, compared to its average volume of 158,507. The firm has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 34.55 and a beta of 1.12. The stock’s 50 day moving average is C$16.59 and its 200-day moving average is C$15.67. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45. Black Diamond Group Limited has a 52-week low of C$9.19 and a 52-week 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 for the quarter. The business had revenue of C$129.98 million during the quarter. Black Diamond Group had a net margin of 6.54% and a return on equity of 8.46%. As a group, research analysts expect that Black Diamond Group Limited will post 0.5349233 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BDI shares. Raymond James Financial downgraded shares of Black Diamond Group from a “strong-buy” rating to a “moderate buy” rating and upped their target price for the company from C$18.00 to C$20.00 in a research note on Tuesday, January 20th. BMO Capital Markets upped their target price on shares of Black Diamond Group from C$18.00 to C$20.00 in a research note on Friday, January 16th. Finally, Canaccord Genuity Group upped 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 analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently 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.