Black Diamond Group (TSE:BDI) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Black Diamond Group Limited (TSE:BDI) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.97 and traded as high as C$10.20. Black Diamond Group shares last traded at C$10.07, with a volume of 11,321 shares trading hands.

Black Diamond Group Price Performance

The business has a 50-day moving average of C$9.39 and a 200 day moving average of C$8.97. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 88.46. The firm has a market capitalization of C$626.96 million, a P/E ratio of 25.51 and a beta of 1.54.

Insider Buying and Selling

In related news, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction 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. Also, Director Steve Stein sold 20,000 shares of the business’s stock in a transaction on Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total transaction of C$184,000.00. Company insiders own 23.83% of the company’s stock.

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.