Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$87,412.73 in Stock

Posted by Stephan Jacobs on Dec 16th, 2024

Black Diamond Group Limited (TSE:BDI – Get Free Report) Senior Officer Michael Lenard Ridley sold 9,329 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of C$9.37, for a total transaction of C$87,412.73.

Black Diamond Group Trading Down 0.6 %

Shares of BDI traded down C$0.06 during mid-day trading on Monday, reaching C$9.34. The stock had a trading volume of 44,014 shares, compared to its average volume of 59,165. Black Diamond Group Limited has a 52-week low of C$7.40 and a 52-week high of C$10.27. The firm has a market cap of C$559.56 million, a price-to-earnings ratio of 19.58 and a beta of 1.54. The business’s fifty day moving average is C$9.07 and its 200 day moving average is C$8.97. The company has a debt-to-equity ratio of 84.84, a current ratio of 1.18 and a quick ratio of 1.05.

Black Diamond Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 1.50%. 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 (DPR) is 25.00%.

Analyst Ratings Changes

Separately, Raymond James increased their target price on 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.

View Our Latest Stock Analysis on BDI

Black Diamond Group Company Profile

(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.