Black Diamond Group (TSE:BDI) Director Acquires C$17,120.00 in Stock

Black Diamond Group Limited (TSE:BDI) Director Daryle Jonathan William Warren bought 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were bought at an average price of C$17.12 per share, with a total value of C$17,120.00. Following the transaction, the director owned 360,928 shares of the company’s stock, valued at C$6,179,087.36. The trade was a 0.28% increase in their position.

Daryle Jonathan William Warren also recently made the following trade(s):

• On Monday, May 4th, Daryle Jonathan William Warren bought 2,000 shares of Black Diamond Group stock. The shares were bought at an average price of C$16.50 per share, with a total value of C$33,000.00.

Black Diamond Group Price Performance

Shares of TSE:BDI opened at C$17.25 on Thursday. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45. The firm has a fifty day moving average price of C$16.56 and a 200 day moving average price of C$15.74. Black Diamond Group Limited has a fifty-two week low of C$9.20 and a fifty-two week high of C$18.75. The firm has a market cap of C$1.18 billion, a price-to-earnings ratio of 35.20 and a beta of 1.12.

Black Diamond Group (TSE:BDI) last issued its earnings results on Thursday, April 30th. The company reported C$0.04 earnings per share for the quarter. Black Diamond Group had a net margin of 6.54% and a return on equity of 8.46%. The firm had revenue of C$129.98 million during the quarter. As a group, sell-side analysts expect that Black Diamond Group Limited will post 0.5349233 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BDI has been the subject of a number of research reports. BMO Capital Markets upped their target price on shares of Black Diamond Group from C$18.00 to C$20.00 in a research report on Friday, January 16th. Raymond James Financial lowered shares of Black Diamond Group from a “strong-buy” rating to a “moderate buy” rating and upped their target price for the stock from C$18.00 to C$20.00 in a research report on Tuesday, January 20th. Finally, Canaccord Genuity Group upped their target price on shares of Black Diamond Group from C$17.00 to C$20.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$19.25.

Black Diamond Group Company Profile

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.