Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$144,760.00 in Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Michael Lenard Ridley sold 15,400 shares of Black Diamond Group stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$9.40, for a total value of C$144,760.00.

Michael Lenard Ridley also recently made the following trade(s):

• On Monday, December 16th, Michael Lenard Ridley sold 9,320 shares of Black Diamond Group stock. The stock was sold at an average price of C$9.39, for a total transaction of C$87,479.38.
• On Friday, December 13th, Michael Lenard Ridley sold 9,329 shares of Black Diamond Group stock. The shares were sold at an average price of C$9.37, for a total transaction of C$87,412.73.

Black Diamond Group Trading Down 0.7 %

Shares of BDI traded down C$0.07 during mid-day trading on Thursday, hitting C$9.33. The company had a trading volume of 24,651 shares, compared to its average volume of 58,883. Black Diamond Group Limited has a 1-year low of C$7.40 and a 1-year high of C$10.27. The business’s 50-day simple moving average is C$9.07 and its 200-day simple moving average is C$9.00. The stock has a market cap of C$558.96 million, a PE ratio of 19.44 and a beta of 1.54. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84.

Black Diamond Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Tuesday, December 31st. This is a positive change from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s dividend payout ratio (DPR) is 25.00%.

Wall Street Analysts Forecast Growth

Separately, Raymond James boosted their price target on Black Diamond Group from C$12.00 to C$14.00 and gave the company a “strong-buy” rating in a report on Monday, August 26th.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.