Key Points
- Director Robert Wagemakers sold 1,500 shares of Black Diamond Group at C$19.09 each, totaling C$28,635.00. After the sale, he still held 10,000 shares, reducing his ownership by 13.04%.
- Black Diamond Group’s shares were near their 52-week high, opening at C$19.11 versus a 52-week range of C$9.20 to C$19.24. The stock also traded above its 50-day and 200-day moving averages.
- Analysts remain constructive on the stock, with Canaccord Genuity raising its target to C$20.00 and maintaining a Buy rating. Overall, the consensus rating is Buy with a price target of C$19.25.
Black Diamond Group Limited (TSE:BDI - Get Free Report) Director Robert Wagemakers sold 1,500 shares of Black Diamond Group stock in a transaction that occurred on 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 sale, the director directly owned 10,000 shares in the company, valued at approximately C$190,900. The trade was 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 stock's 50 day simple moving average is C$16.79 and its two-hundred day simple moving average is C$15.93. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45. The stock has a market cap of C$1.31 billion, a price-to-earnings ratio of 39.00 and a beta of 1.12. Black Diamond Group Limited has a fifty-two week low of C$9.20 and a fifty-two week high of C$19.24.
Black Diamond Group (TSE:BDI - Get Free Report) last posted its quarterly earnings data 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 for the quarter. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%. As a group, analysts expect that Black Diamond Group Limited will post 0.5349233 earnings per share for the current fiscal year.
Analysts Set New Price Targets
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 report on Tuesday, March 3rd. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$19.25.
Check Out Our Latest Analysis on BDI
Black Diamond Group Company Profile
(
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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