Black Diamond Group (TSE:BDI) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Black Diamond Group Limited (TSE:BDI)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$8.94 and traded as high as C$9.86. Black Diamond Group shares last traded at C$9.77, with a volume of 304,941 shares changing hands.

Black Diamond Group Stock Performance

The company has a market cap of C$608.28 million, a PE ratio of 24.75 and a beta of 1.54. The company has a debt-to-equity ratio of 88.46, a quick ratio of 1.05 and a current ratio of 1.17. The stock’s 50-day simple moving average is C$9.17 and its 200 day simple moving average is C$8.94.

Insider Buying and Selling

In other Black Diamond Group news, Director Steve Stein sold 20,000 shares of the stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total value of C$184,000.00. Also, Director Trevor Haynes sold 6,700 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of C$9.35, for a total value of C$62,645.00. 23.83% of the stock is currently owned by corporate insiders.

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.