Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$84,780.00 in Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Michael Lenard Ridley sold 9,000 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of C$9.42, for a total transaction of C$84,780.00.

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

• On Wednesday, December 18th, Michael Lenard Ridley sold 15,400 shares of Black Diamond Group stock. The stock was sold at an average price of C$9.40, for a total transaction 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 transaction of C$87,412.73.

Black Diamond Group Stock Performance

Black Diamond Group stock opened at C$9.41 on Thursday. 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 debt-to-equity ratio of 84.84, a current ratio of 1.18 and a quick ratio of 1.05. The company has a market capitalization of C$563.75 million, a price-to-earnings ratio of 19.60 and a beta of 1.54. The firm’s fifty day moving average price is C$9.07 and its 200 day moving average price is C$9.05.

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 given a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.49%. This is a positive change from Black Diamond Group’s previous quarterly dividend of $0.03. The ex-dividend date is Tuesday, December 31st. Black Diamond Group’s payout ratio is presently 25.00%.

Analyst Ratings Changes

Separately, Cormark upgraded Black Diamond Group to a “moderate buy” rating in a research note 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.