Insider Selling: Black Diamond Group (TSE:BDI) Director Sells 255,500 Shares of Stock

Black Diamond Group Limited (TSE:BDI) Director Elizabeth Kernaghan sold 255,500 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of C$19.05, for a total value of C$4,867,275.00. Following the sale, the director directly owned 6,584,800 shares of the company’s stock, valued at C$125,440,440. The trade was a 3.74% decrease in their position.

Elizabeth Kernaghan also recently made the following trade(s):

• On Tuesday, July 7th, Elizabeth Kernaghan sold 200 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.02, for a total value of C$3,804.00.
• On Tuesday, July 7th, Elizabeth Kernaghan sold 7,700 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.01, for a total transaction of C$146,377.00.
• On Tuesday, July 7th, Elizabeth Kernaghan sold 400 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.00, for a total transaction of C$7,600.00.
• On Wednesday, July 8th, Elizabeth Kernaghan sold 192,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.18, for a total transaction of C$3,682,560.00.
• On Thursday, July 9th, Elizabeth Kernaghan sold 56,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.09, for a total transaction of C$1,069,040.00.

Black Diamond Group Stock Performance

TSE:BDI traded up C$0.01 during midday trading on Friday, reaching C$18.98. The stock had a trading volume of 456,279 shares, compared to its average volume of 164,621. Black Diamond Group Limited has a 1-year low of C$10.41 and a 1-year high of C$20.14. The firm’s fifty day simple moving average is C$18.41 and its 200-day simple moving average is C$17.06. The company has a debt-to-equity ratio of 93.57, a current ratio of 1.45 and a quick ratio of 1.05. The stock has a market capitalization of C$1.30 billion, a P/E ratio of 38.73 and a beta of 1.08.

Black Diamond Group (TSE:BDI) last announced its earnings results on Thursday, April 30th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$129.98 million for the quarter. Black Diamond Group had a net margin of 6.54% and a return on equity of 8.46%. On average, equities research analysts forecast that Black Diamond Group Limited will post 0.5349233 EPS for the current fiscal year.

About Black Diamond Group

Black Diamond is an industrial services and asset management company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). Black Diamond operates in Canada, the United States and Australia. MSS, through its principal brands – BOXX Modular, CLM and Schiavi – owns a large rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors.