Key Points
- Director Elizabeth Kernaghan sold 146,500 shares on March 25 at an average price of C$16.15 for C$2,365,975, leaving her with 605,900 shares — a 19.47% decrease in her ownership stake.
- Analyst sentiment is positive with a consensus rating of "Buy" and a consensus price target of C$19.25 (several firms have raised targets to C$20.00); the stock trades around C$15.84 with a market cap of about C$1.07 billion.
Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Elizabeth Kernaghan sold 146,500 shares of the firm's stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of C$16.15, for a total transaction of C$2,365,975.00. Following the completion of the transaction, the director directly owned 605,900 shares in the company, valued at approximately C$9,785,285. This represents a 19.47% decrease in their ownership of the stock.
Elizabeth Kernaghan also recently made the following trade(s):
- On Tuesday, March 17th, Elizabeth Kernaghan sold 200 shares of Black Diamond Group stock. The shares were sold at an average price of C$16.11, for a total transaction of C$3,222.00.
- On Tuesday, March 17th, Elizabeth Kernaghan sold 3,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$16.10, for a total transaction of C$59,570.00.
Black Diamond Group Stock Performance
TSE BDI opened at C$15.84 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.05 and a debt-to-equity ratio of 101.87. The firm has a market capitalization of C$1.07 billion, a price-to-earnings ratio of 29.33 and a beta of 1.13. The firm's 50 day simple moving average is C$16.49 and its 200 day simple moving average is C$15.04. Black Diamond Group Limited has a 1 year low of C$7.60 and a 1 year high of C$18.75.
Analyst Ratings Changes
BDI has been the topic of a number of research analyst reports. BMO Capital Markets raised their target price on Black Diamond Group from C$18.00 to C$20.00 in a report on Friday, January 16th. Raymond James Financial downgraded Black Diamond Group from a "strong-buy" rating to a "moderate buy" rating and upped their price objective for the stock from C$18.00 to C$20.00 in a research report on Tuesday, January 20th. Finally, Canaccord Genuity Group raised their price objective on 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 investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of C$19.25.
Read Our Latest Stock Analysis on Black Diamond Group
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. From its locations, the company serves multiple sectors including oil and gas, mining, power, construction, engineering, military, government, and education.
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