Robert Wagemakers Sells 1,000 Shares of Black Diamond Group (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Director Robert Wagemakers sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$20.00, for a total value of C$20,000.00. Following the completion of the transaction, the director directly owned 9,000 shares in the company, valued at approximately C$180,000. This trade represents a 10.00% decrease in their position.

Robert Wagemakers also recently made the following trade(s):

• On Tuesday, May 26th, Robert Wagemakers sold 1,500 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.09, for a total value of C$28,635.00.

Black Diamond Group Stock Down 0.9%

Shares of TSE:BDI opened at C$19.68 on Friday. Black Diamond Group Limited has a 52-week low of C$9.20 and a 52-week high of C$20.14. The stock has a market cap of C$1.35 billion, a P/E ratio of 40.16 and a beta of 1.12. The business’s 50 day moving average is C$17.02 and its 200 day moving average is C$16.03. The company has a quick ratio of 1.05, a current ratio of 1.45 and a debt-to-equity ratio of 93.57.

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

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their target price on Black Diamond Group from C$17.00 to C$20.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$19.25.

About Black Diamond Group

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.