Free Trial

Insider Selling: Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$87,479.38 in Stock

Black Diamond Group logo with Industrials background

Black Diamond Group Limited (TSE:BDI - Get Free Report) Senior Officer Michael Lenard Ridley sold 9,320 shares of the business's stock in a transaction on Monday, December 16th. The stock was sold at an average price of C$9.39, for a total value of C$87,479.38.

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

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

Black Diamond Group Price Performance

BDI traded down C$0.05 during midday trading on Tuesday, reaching C$9.35. 26,271 shares of the company's stock were exchanged, compared to its average volume of 59,117. 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 stock has a market capitalization of C$560.16 million, a PE ratio of 19.48 and a beta of 1.54. The business's 50-day moving average price is C$9.07 and its 200 day moving average price is C$8.98. 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 announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $0.035 dividend. This is an increase from Black Diamond Group's previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.14 annualized dividend and a dividend yield of 1.50%. Black Diamond Group's dividend payout ratio is presently 25.00%.

Wall Street Analyst Weigh In

Separately, Raymond James boosted 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 report on Monday, August 26th.

Check Out Our Latest Research Report on Black Diamond Group

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.

Further Reading

Insider Buying and Selling by Quarter for Black Diamond Group (TSE:BDI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Black Diamond Group right now?

Before you consider Black Diamond Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Black Diamond Group wasn't on the list.

While Black Diamond Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines