Black Diamond Group (TSE:BDI) Insider Sells C$3,682,560.00 in Stock

Black Diamond Group Limited (TSE:BDI) insider Kernwood Limited sold 192,000 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of C$19.18, for a total transaction of C$3,682,560.00. Following the completion of the sale, the insider directly owned 6,896,300 shares of the company’s stock, valued at approximately C$132,271,034. The trade was a 2.71% decrease in their position.

Kernwood Limited also recently made the following trade(s):

• On Tuesday, July 7th, Kernwood Limited sold 200 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.02, for a total transaction of C$3,804.00.
• On Tuesday, July 7th, Kernwood Limited sold 7,700 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.01, for a total transaction of C$146,377.00.
• On Tuesday, July 7th, Kernwood Limited sold 400 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.00, for a total transaction of C$7,600.00.
• On Thursday, July 9th, Kernwood Limited sold 56,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$19.09, for a total transaction of C$1,069,040.00.
• On Friday, July 10th, Kernwood Limited sold 255,500 shares of Black Diamond Group stock. The stock was sold at an average price of C$19.05, for a total value of C$4,867,275.00.

Black Diamond Group Price Performance

TSE:BDI traded up C$0.01 during trading hours on Friday, hitting C$18.98. 456,279 shares of the stock were exchanged, compared to its average volume of 164,621. The firm’s fifty day moving average price is C$18.41 and its 200 day moving average price is C$17.06. Black Diamond Group Limited has a 52-week low of C$10.41 and a 52-week high of C$20.14. The company has a market cap of C$1.30 billion, a P/E ratio of 38.73 and a beta of 1.08. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 93.57.

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

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.