Black Diamond Group Limited (TSE:BDI) Director Steve Stein Sells 4,100 Shares

Black Diamond Group Limited (TSE:BDI) Director Steve Stein sold 4,100 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of C$10.06, for a total value of C$41,246.00.

Black Diamond Group Trading Down 1.1 %

Shares of BDI stock traded down C$0.11 on Monday, hitting C$9.89. The company had a trading volume of 50,047 shares, compared to its average volume of 57,361. The firm has a market cap of C$592.51 million, a P/E ratio of 20.92 and a beta of 1.56. The stock’s 50-day moving average is C$8.60 and its two-hundred day moving average is C$8.65. The company has a debt-to-equity ratio of 84.84, a quick ratio of 1.05 and a current ratio of 1.18. Black Diamond Group Limited has a twelve month low of C$5.91 and a twelve month high of C$10.20.

Black Diamond Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.12 annualized dividend and a dividend yield of 1.21%. Black Diamond Group’s payout ratio is 25.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. BMO Capital Markets upped their target price on Black Diamond Group from C$11.00 to C$12.00 in a report on Friday, August 2nd. Canaccord Genuity Group lowered their target price on Black Diamond Group from C$11.00 to C$10.25 and set a “buy” rating for the company in a report on Monday, May 6th.

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.