Black Diamond Group Limited (TSE:BDI) Director Sells 5,900 Shares

Black Diamond Group Limited (TSE:BDI) Director Steve Stein sold 5,900 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of C$10.00, for a total transaction of C$59,023.60.

Steve Stein also recently made the following trade(s):

• On Friday, August 16th, Steve Stein sold 4,100 shares of Black Diamond Group stock. The shares were sold at an average price of C$10.06, for a total transaction of C$41,246.00.

Black Diamond Group Stock Performance

Shares of BDI remained flat at C$9.89 during mid-day trading on Tuesday. 13,010 shares of the stock traded hands, compared to its average volume of 57,086. 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 twelve month low of C$5.91 and a twelve month high of C$10.20. The company has a fifty day simple moving average of C$8.64 and a 200 day simple moving average of C$8.66. The stock has a market cap of C$592.51 million, a price-to-earnings ratio of 20.60 and a beta of 1.56.

Black Diamond Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a $0.03 dividend. The ex-dividend date 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 (DPR) is currently 25.00%.

Analysts Set New Price Targets

Several analysts have recently weighed in on BDI shares. BMO Capital Markets boosted their target price on Black Diamond Group from C$11.00 to C$12.00 in a report on Friday, August 2nd. Canaccord Genuity Group cut 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 report on Monday, May 6th.

Black Diamond Group Company Profile

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.