Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$27,434.00 in Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Michael Lenard Ridley sold 2,900 shares of the business’s stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of C$9.46, for a total value of C$27,434.00.

Michael Lenard Ridley also recently made the following trade(s):

• On Friday, December 20th, Michael Lenard Ridley sold 9,000 shares of Black Diamond Group stock. The stock was sold at an average price of C$9.42, for a total value of C$84,780.00.
• On Wednesday, December 18th, Michael Lenard Ridley sold 15,400 shares of Black Diamond Group stock. The shares were sold at an average price of C$9.40, for a total value of C$144,760.00.
• On Monday, December 16th, Michael Lenard Ridley sold 9,320 shares of Black Diamond Group stock. The shares were sold at an average price of C$9.39, for a total transaction of C$87,479.38.
• On Friday, December 13th, Michael Lenard Ridley sold 9,329 shares of Black Diamond Group stock. The stock was sold at an average price of C$9.37, for a total value of C$87,412.73.

Black Diamond Group Trading Down 1.6 %

Shares of BDI stock opened at C$9.20 on Thursday. The company has a market capitalization of C$551.17 million, a P/E ratio of 19.17 and a beta of 1.54. Black Diamond Group Limited has a 12-month low of C$7.40 and a 12-month high of C$10.27. 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 firm has a 50-day moving average price of C$9.10 and a 200 day moving average price of C$9.15.

Black Diamond Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.035 dividend. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. This represents a $0.14 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Tuesday, December 31st. Black Diamond Group’s payout ratio is presently 25.00%.

Analyst Upgrades and Downgrades

Separately, Cormark raised Black Diamond Group to a “moderate buy” rating in a report on Wednesday, December 18th.

Black Diamond Group Company Profile

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.