Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$144,760.00 in Stock

Black Diamond Group Limited (TSE:BDI - Get Free Report) Senior Officer Michael Lenard Ridley sold 15,400 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$9.40, for a total transaction of C$144,760.00.

Michael Lenard Ridley also recently made the following trade(s):

• On Monday, December 16th, Michael Lenard Ridley sold 9,320 shares of Black Diamond Group stock. The shares were sold at an average price of C$9.39, for a total value of C$87,479.38.
• On Friday, December 13th, Michael Lenard Ridley sold 9,329 shares of Black Diamond Group stock. The stock was sold at an average price of C$9.37, for a total value of C$87,412.73.

Black Diamond Group Price Performance

TSE:BDI traded down C$0.07 during trading hours on Thursday, reaching C$9.33. 24,651 shares of the company were exchanged, compared to its average volume of 58,883. The company has a market capitalization of C$558.96 million, a P/E ratio of 19.44 and a beta of 1.54. The company has a debt-to-equity ratio of 84.84, a current ratio of 1.18 and a quick ratio of 1.05. The business has a 50 day moving average of C$9.07 and a 200 day moving average of C$9.00. Black Diamond Group Limited has a 1-year low of C$7.40 and a 1-year high of C$10.27.

Black Diamond Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from Black Diamond Group's previous quarterly dividend of $0.03. Black Diamond Group's payout ratio is 25.00%.

Wall Street Analyst Weigh In

Separately, Raymond James raised their price target on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the stock a "strong-buy" rating in a research report on Monday, August 26th.

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.