Edward John Redmond Sells 23,038 Shares of Black Diamond Group Limited (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Edward John Redmond sold 23,038 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of C$9.21, for a total value of C$212,239.88.

Edward John Redmond also recently made the following trade(s):

• On Thursday, October 17th, Edward John Redmond purchased 482 shares of Black Diamond Group stock. The stock was bought at an average price of C$9.39 per share, with a total value of C$4,525.98.

Black Diamond Group Stock Down 0.2 %

Shares of BDI stock traded down C$0.02 during trading on Monday, reaching C$9.13. The company’s stock had a trading volume of 19,367 shares, compared to its average volume of 38,403. Black Diamond Group Limited has a one year low of C$7.40 and a one year high of C$10.27. The business has a fifty day moving average price of C$9.10 and a 200-day moving average price of C$9.19. The company has a market cap of C$546.98 million, a price-to-earnings ratio of 19.02 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 announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.035 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.53%. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s payout ratio is currently 25.00%.

Analysts Set New Price Targets

Separately, Cormark upgraded shares of Black Diamond Group to a “moderate buy” rating in a report on Wednesday, December 18th.

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.