Black Diamond Group Limited (TSE:BDI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$8.85 and traded as high as C$9.16. Black Diamond Group shares last traded at C$9.05, with a volume of 36,360 shares.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on BDI. BMO Capital Markets increased their price objective on Black Diamond Group from C$11.00 to C$12.00 in a report on Friday, August 2nd. Raymond James increased 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 Report on Black Diamond Group
Black Diamond Group Price Performance
The business's 50-day simple moving average is C$9.58 and its two-hundred day simple moving average is C$8.85. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84. The stock has a market cap of C$536.79 million, a P/E ratio of 18.56 and a beta of 1.54.
Black Diamond Group (TSE:BDI - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.12 earnings per share for the quarter, topping the consensus estimate of C$0.11 by C$0.01. The firm had revenue of C$95.50 million for the quarter, compared to analysts' expectations of C$93.70 million. Black Diamond Group had a net margin of 7.78% and a return on equity of 10.86%. Sell-side analysts expect that Black Diamond Group Limited will post 0.5349233 EPS for the current year.
Insider Buying and Selling
In other Black Diamond Group news, Senior Officer Edward John Redmond sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$9.97, for a total value of C$199,400.00. In related news, Director Steve Stein sold 4,100 shares of the business's stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of C$10.06, for a total value of C$41,246.00. Also, Senior Officer Edward John Redmond sold 20,000 shares of the company's stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of C$9.97, for a total value of C$199,400.00. Over the last three months, insiders have sold 123,000 shares of company stock worth $1,215,370. 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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