Black Diamond Group (TSE:BDI) Releases Earnings Results

Black Diamond Group (TSE:BDI) issued its quarterly earnings data on Thursday. The company reported C$0.09 earnings per share (EPS) for the quarter, FiscalAI reports. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%.The firm had revenue of C$129.18 million during the quarter.

Black Diamond Group Trading Up 1.7%

TSE:BDI opened at C$17.51 on Friday. Black Diamond Group has a 1 year low of C$11.27 and a 1 year high of C$20.48. The stock has a market cap of C$1.20 billion, a P/E ratio of 35.73 and a beta of 1.08. 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 stock has a 50-day simple moving average of C$18.94 and a 200-day simple moving average of C$17.45.

Insider Activity at Black Diamond Group

In other news, Director Elizabeth Kernaghan sold 255,500 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of C$19.05, for a total transaction of C$4,867,275.00. Following the transaction, the director directly owned 6,584,800 shares in the company, valued at approximately C$125,440,440. This trade represents a 3.74% decrease in their ownership of the stock. Also, insider Michael Lenard Ridley sold 20,000 shares of Black Diamond Group stock in a transaction on Friday, June 26th. The shares were sold at an average price of C$18.88, for a total transaction of C$377,600.00. Following the completion of the transaction, the insider owned 402,253 shares in the company, valued at approximately C$7,594,536.64. This represents a 4.74% decrease in their ownership of the stock. Insiders have sold a total of 1,379,700 shares of company stock worth $26,322,740 over the last 90 days. 23.83% of the stock is owned by corporate insiders.

Black Diamond Group Company Profile

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.