Black Diamond Group Limited (TSE:BDI - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$9.09 and traded as high as C$9.46. Black Diamond Group shares last traded at C$9.40, with a volume of 26,841 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Cormark raised Black Diamond Group to a "moderate buy" rating in a research note on Wednesday, December 18th.
Check Out Our Latest Stock Analysis on BDI
Black Diamond Group Price Performance
The stock has a market cap of C$563.15 million, a PE ratio of 19.58 and a beta of 1.54. The business's 50-day simple moving average is C$9.08 and its 200-day simple moving average is C$9.10. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84.
Black Diamond Group Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a 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 payout ratio is currently 25.00%.
Insider Buying and Selling at Black Diamond Group
In other news, Senior Officer Tobias Gerald Labrie sold 15,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The shares were 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 9,000 shares of the business's stock in a transaction dated Friday, December 20th. The shares were sold at an average price of C$9.42, for a total transaction of C$84,780.00. Insiders sold 58,049 shares of company stock valued at $545,432 in the last 90 days. Insiders own 23.83% of the company's stock.
Black Diamond Group Company Profile
(
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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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