Robert Wagemakers Sells 1,500 Shares of Black Diamond Group (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Director Robert Wagemakers sold 1,500 shares of the firm’s stock in a transaction 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 completion of the sale, the director directly owned 10,000 shares in the company, valued at approximately C$190,900. This represents a 13.04% decrease in their position.

Black Diamond Group Trading Up 3.1%

Shares of BDI stock opened at C$19.71 on Thursday. The stock’s fifty day moving average price is C$16.86 and its two-hundred day moving average price is C$15.97. The company has a market cap of C$1.35 billion, a PE ratio of 40.22 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$19.82. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45.

Black Diamond Group (TSE:BDI) last released its quarterly earnings data on Thursday, April 30th. The company reported C$0.04 earnings per share for the quarter. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%.The company had revenue of C$129.98 million for the quarter. Equities analysts predict that Black Diamond Group Limited will post 0.5349233 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, 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 report on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$19.25.

About Black Diamond Group

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.