Black Diamond Group (TSE:BDI) Director Daryle Jonathan William Warren Purchases 2,000 Shares

Black Diamond Group Limited (TSE:BDI) Director Daryle Jonathan William Warren purchased 2,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were acquired at an average price of C$16.50 per share, for a total transaction of C$33,000.00. Following the purchase, the director directly owned 359,928 shares of the company’s stock, valued at approximately C$5,938,812. This represents a 0.56% increase in their ownership of the stock.

Daryle Jonathan William Warren also recently made the following trade(s):

• On Wednesday, May 6th, Daryle Jonathan William Warren purchased 1,000 shares of Black Diamond Group stock. The shares were acquired at an average price of C$17.12 per share, for a total transaction of C$17,120.00.

Black Diamond Group Stock Down 2.6%

Shares of TSE:BDI opened at C$16.94 on Tuesday. Black Diamond Group Limited has a 52 week low of C$9.19 and a 52 week high of C$18.75. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45. The company’s fifty day moving average is C$16.56 and its 200-day moving average is C$15.71. The company has a market capitalization of C$1.16 billion, a PE ratio of 34.57 and a beta of 1.12.

Black Diamond Group (TSE:BDI) last issued its earnings results on Thursday, April 30th. The company reported C$0.04 EPS for the quarter. Black Diamond Group had a net margin of 6.54% and a return on equity of 8.46%. The company had revenue of C$129.98 million for the quarter. Equities research analysts predict that Black Diamond Group Limited will post 0.5349233 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BDI. BMO Capital Markets boosted their target price on shares of Black Diamond Group from C$18.00 to C$20.00 in a research note on Friday, January 16th. Raymond James Financial cut Black Diamond Group from a “strong-buy” rating to a “moderate buy” rating and lifted their price target for the company from C$18.00 to C$20.00 in a report on Tuesday, January 20th. Finally, Canaccord Genuity Group lifted their price target on Black Diamond Group from C$17.00 to C$20.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Black Diamond Group currently has an average rating of “Buy” and an average target price of C$19.25.

Black Diamond Group Company Profile

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. The company also provides specialized field rentals to the oil and gas industries of Canada and the United States. Besides, Black Diamond Group provides turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance, and ancillary field equipment rentals. From its locations, the company serves multiple sectors including oil and gas, mining, power, construction, engineering, military, government, and education.