Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$87,412.73 in Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Michael Lenard Ridley sold 9,329 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of C$9.37, for a total value of C$87,412.73.

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 shares were sold at an average price of C$9.39, for a total transaction of C$87,479.38.

Black Diamond Group Price Performance

Shares of TSE BDI opened at C$9.40 on Thursday. The stock has a fifty day moving average price of C$9.07 and a 200 day moving average price of C$9.00. Black Diamond Group Limited has a 1-year low of C$7.40 and a 1-year high of C$10.27. The company has a debt-to-equity ratio of 84.84, a current ratio of 1.18 and a quick ratio of 1.05. The company has a market cap of C$563.15 million, a PE ratio of 19.58 and a beta of 1.54.

Black Diamond Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s dividend payout ratio (DPR) is 25.00%.

Wall Street Analyst Weigh In

Separately, Raymond James increased their target price on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the stock a “strong-buy” rating in a research note on Monday, August 26th.

About Black Diamond Group

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.