Black Diamond Group (TSE:BDI) Posts Quarterly Earnings Results

Black Diamond Group (TSE:BDI) released its earnings results on Thursday. The company reported C$0.09 EPS for the quarter, FiscalAI reports. The business had revenue of C$129.18 million during the quarter. Black Diamond Group had a return on equity of 8.46% and a net margin of 6.54%.

Black Diamond Group Stock Up 0.4%

BDI stock opened at C$17.21 on Friday. 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 stock’s 50 day simple moving average is C$18.94 and its 200 day simple moving average is C$17.45. The company has a market cap of C$1.18 billion, a P/E ratio of 35.12 and a beta of 1.08. Black Diamond Group has a fifty-two week low of C$11.27 and a fifty-two week high of C$20.48.

Insiders Place Their Bets

In other Black Diamond Group news, insider Kernwood Limited sold 255,500 shares of the business’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of C$19.05, for a total value of C$4,867,275.00. Following the transaction, the insider directly owned 6,584,800 shares in the company, valued at C$125,440,440. The trade was a 3.74% decrease in their ownership of the stock. Also, Director Steve Stein sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of C$18.67, for a total value of C$93,350.00. Following the completion of the transaction, the director owned 82,704 shares in the company, valued at approximately C$1,544,083.68. The trade was a 5.70% decrease in their position. Over the last three months, insiders have sold 1,379,700 shares of company stock valued at $26,322,740. 23.83% of the stock is owned by insiders.

Black Diamond Group Company Profile

Black Diamond is an industrial services and asset management company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). Black Diamond operates in Canada, the United States and Australia. MSS, through its principal brands – BOXX Modular, CLM and Schiavi – owns a large rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors.