Insider Selling: Black Diamond Group Limited (TSE:BDI) Senior Officer Sells 9,329 Shares of Stock

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

Black Diamond Group Price Performance

TSE BDI opened at C$9.40 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84. The stock has a market capitalization of C$563.15 million, a PE ratio of 19.58 and a beta of 1.54. Black Diamond Group Limited has a 12-month low of C$7.40 and a 12-month high of C$10.27. The company has a 50 day moving average price of C$9.07 and a two-hundred day moving average price of C$8.97.

Black Diamond Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors 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 positive change from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s payout ratio is presently 25.00%.

Analyst Upgrades and Downgrades

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

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.