Key Points
- Black Diamond Group director Trevor Haynes sold 10,000 shares on May 25 at an average price of C$18.32, totaling C$183,200. After the sale, he still held more than 4.04 million shares.
- Haynes also sold 15,000 shares earlier in the month on May 21 for about C$265,200, indicating a recent pattern of insider selling.
- The stock was trading higher and near its 52-week high, opening at C$18.68, just below its 12-month peak of C$18.75. Analysts remain bullish, with a consensus rating of “Buy” and an average target price of C$19.25.
Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Trevor Haynes sold 10,000 shares of Black Diamond Group stock in a transaction on Monday, May 25th. The stock was sold at an average price of C$18.32, for a total value of C$183,200.00. Following the transaction, the director owned 4,043,535 shares in the company, valued at approximately C$74,077,561.20. This represents a 0.25% decrease in their position.
Trevor Haynes also recently made the following trade(s):
- On Thursday, May 21st, Trevor Haynes sold 15,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$17.68, for a total transaction of C$265,200.00.
Black Diamond Group Trading Up 4.9%
Shares of BDI opened at C$18.68 on Tuesday. Black Diamond Group Limited has a 12-month low of C$9.20 and a 12-month high of C$18.75. The firm has a market capitalization of C$1.28 billion, a P/E ratio of 38.12 and a beta of 1.12. The firm has a 50-day moving average price of C$16.72 and a 200 day moving average price of C$15.89. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57.
Black Diamond Group (TSE:BDI - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported C$0.04 EPS for the quarter. Black Diamond Group had a net margin of 6.54% and a return on equity of 8.46%. The company had revenue of C$129.98 million for the quarter. Sell-side analysts forecast that Black Diamond Group Limited will post 0.5349233 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group lifted 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 research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$19.25.
Get Our Latest Stock Report on BDI
Black Diamond Group Company Profile
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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.
Further Reading
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