Black Diamond Group Limited (TSE:BDI - Get Free Report) Senior Officer Michael Lenard Ridley sold 9,329 shares of the company's stock in a transaction dated Friday, December 13th. 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
Shares of BDI stock remained flat at C$9.40 during mid-day trading on Monday. 64,536 shares of the stock traded hands, compared to its average volume of 59,252. 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 company has a 50-day simple moving average of C$9.07 and a 200 day simple moving average of C$8.97. Black Diamond Group Limited has a 1 year low of C$7.40 and a 1 year high of C$10.27. The stock has a market capitalization of C$563.15 million, a P/E ratio of 19.58 and a beta of 1.54.
Black Diamond Group Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.035 per share. This represents a $0.14 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Tuesday, December 31st. This is an increase from Black Diamond Group's previous quarterly dividend of $0.03. Black Diamond Group's dividend payout ratio is 25.00%.
Analyst Ratings Changes
Separately, Raymond James lifted their target price on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the company a "strong-buy" rating in a research note on Monday, August 26th.
Check Out Our Latest Stock Analysis on BDI
About Black Diamond Group
(
Get Free Report)
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.
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