Black Diamond Group (TSE:BDI - Get Free Report) was upgraded by Cormark to a "moderate buy" rating in a report issued on Wednesday,Zacks.com reports. Cormark also issued estimates for Black Diamond Group's FY2027 earnings at $0.80 EPS.
Separately, Raymond James raised their target price on 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.
Check Out Our Latest Stock Report on Black Diamond Group
Black Diamond Group Stock Performance
TSE:BDI traded up C$0.06 during trading hours on Wednesday, reaching C$9.39. The company had a trading volume of 9,221 shares, compared to its average volume of 58,682. The firm's 50 day moving average price is C$9.07 and its 200-day moving average price is C$9.01. The firm has a market cap of C$562.55 million, a price-to-earnings ratio of 19.56 and a beta of 1.54. The company has a current ratio of 1.18, a quick ratio of 1.05 and a debt-to-equity ratio of 84.84. Black Diamond Group has a 52 week low of C$7.40 and a 52 week high of C$10.27.
Insiders Place Their Bets
In other Black Diamond Group news, Senior Officer Tobias Gerald Labrie sold 15,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$9.40, for a total value of C$141,000.00. Also, Senior Officer Michael Lenard Ridley sold 9,329 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$9.37, for a total value of C$87,412.73. Insiders sold a total of 49,049 shares of company stock worth $460,652 over the last quarter. 23.83% of the stock is currently owned by corporate insiders.
About Black Diamond Group
(
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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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