Key Points
- Director sale: Robert Wagemakers sold 20,000 shares on Nov. 21 at an average of C$14.10 for C$282,000, trimming his stake by 3.55% to 543,580 shares valued at ~C$7.66M.
- Market and analyst view: BDI trades around C$13.79 (52‑week range C$7.60–C$15.38) with a market cap of ~C$928M and P/E of 23.8, and carries a consensus Buy rating with a C$17.00 target after recent upgrades.
Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Robert Wagemakers sold 20,000 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of C$14.10, for a total transaction of C$282,000.00. Following the sale, the director directly owned 543,580 shares in the company, valued at C$7,664,478. This represents a 3.55% decrease in their position.
Black Diamond Group Trading Up 1.1%
Shares of BDI stock opened at C$13.79 on Tuesday. Black Diamond Group Limited has a fifty-two week low of C$7.60 and a fifty-two week high of C$15.38. The company has a 50 day moving average price of C$14.12 and a 200 day moving average price of C$11.89. The stock has a market capitalization of C$928.38 million, a P/E ratio of 23.78 and a beta of 0.71. The company has a debt-to-equity ratio of 88.46, a quick ratio of 1.05 and a current ratio of 1.17.
Black Diamond Group (TSE:BDI - Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported C$0.18 earnings per share (EPS) for the quarter. Black Diamond Group had a return on equity of 8.11% and a net margin of 6.46%.The business had revenue of C$105.32 million for the quarter. Equities research analysts predict that Black Diamond Group Limited will post 0.5349233 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Black Diamond Group from C$15.00 to C$17.00 in a research report on Tuesday, September 23rd. Acumen Capital upped their price objective on Black Diamond Group from C$14.50 to C$17.00 and gave the stock a "buy" rating in a research report on Tuesday, September 23rd. Finally, Canaccord Genuity Group raised their target price on Black Diamond Group from C$13.50 to C$17.00 and gave the stock a "buy" rating in a research report on Wednesday, September 24th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Black Diamond Group currently has a consensus rating of "Buy" and a consensus target price of C$17.00.
Read Our Latest Analysis on BDI
About Black Diamond Group
(
Get Free Report)
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.
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