Black Diamond Group (TSE:BDI) Director Robert Wagemakers Sells 1,500 Shares

Black Diamond Group Limited (TSE:BDI) Director Robert Wagemakers sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$19.09, for a total value of C$28,635.00. Following the transaction, the director directly owned 10,000 shares in the company, valued at C$190,900. This trade represents a 13.04% decrease in their ownership of the stock.

Black Diamond Group Stock Performance

Black Diamond Group stock opened at C$19.11 on Wednesday. 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 firm has a 50-day moving average of C$16.79 and a 200-day moving average of C$15.93. The firm has a market cap of C$1.31 billion, a P/E ratio of 39.00 and a beta of 1.12. Black Diamond Group Limited has a 1-year low of C$9.20 and a 1-year high of C$19.24.

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. The company 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%. Sell-side analysts expect that Black Diamond Group Limited will post 0.5349233 EPS for the current year.

Analyst Ratings Changes

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 stock a “buy” rating in a report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Black Diamond Group currently has an average rating of “Buy” and an average 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.