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

Black Diamond Group Limited (TSE:BDI) Director Steve Stein sold 4,100 shares of the business’s stock in a transaction that occurred on 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 Black Diamond Group stock opened at C$9.89 on Tuesday. The company has a debt-to-equity ratio of 84.84, a current ratio of 1.18 and a quick ratio of 1.05. Black Diamond Group Limited has a 1 year low of C$5.91 and a 1 year high of C$10.20. The company has a market capitalization of C$592.51 million, a P/E ratio of 20.60 and a beta of 1.56. The business has a 50 day moving average price of C$8.64 and a 200 day moving average price of C$8.66.

Black Diamond Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.03 per share. 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 dividend payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on BDI shares. Canaccord Genuity Group decreased their price target on Black Diamond Group from C$11.00 to C$10.25 and set a “buy” rating on the stock in a research note on Monday, May 6th. BMO Capital Markets lifted their price objective on Black Diamond Group from C$11.00 to C$12.00 in a research report on Friday, August 2nd.

About Black Diamond Group

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.