Black Diamond Group Limited (TSE:BDI) Director Trevor Haynes Sells 10,000 Shares of Stock

Black Diamond Group Limited (TSE:BDI) Director Trevor Haynes sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of C$8.75, for a total value of C$87,520.00.

Black Diamond Group Stock Performance

Shares of TSE BDI opened at C$8.81 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 72.03. The stock has a 50 day simple moving average of C$9.06 and a 200-day simple moving average of C$8.20. The company has a market cap of C$530.45 million, a PE ratio of 17.98 and a beta of 1.73. Black Diamond Group Limited has a 12-month low of C$5.35 and a 12-month high of C$9.92.

Black Diamond Group (TSE:BDI) last released its earnings results on Thursday, February 29th. The company reported C$0.13 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.10 by C$0.03. The firm had revenue of C$103.40 million during the quarter, compared to the consensus estimate of C$89.70 million. Black Diamond Group had a return on equity of 11.11% and a net margin of 7.72%. On average, equities research analysts forecast that Black Diamond Group Limited will post 0.4650794 EPS for the current year.

Black Diamond Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Sunday, March 31st will be given a $0.03 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.12 dividend on an annualized basis and a yield of 1.36%. Black Diamond Group’s dividend payout ratio (DPR) is 24.49%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. BMO Capital Markets upped their target price on Black Diamond Group from C$11.00 to C$12.00 in a report on Friday, March 1st. Canaccord Genuity Group boosted their price objective on Black Diamond Group from C$9.50 to C$11.00 and gave the stock a “buy” rating in a research report on Monday, March 4th. Finally, Acumen Capital boosted their price objective on Black Diamond Group from C$12.00 to C$12.50 and gave the stock a “buy” rating in a research report on Monday, March 4th.

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.