Trevor Haynes Sells 15,000 Shares of Black Diamond Group (TSE:BDI) Stock

Black Diamond Group Limited (TSE:BDI) Director Trevor Haynes sold 15,000 shares of Black Diamond Group stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of C$17.68, for a total value of C$265,200.00. Following the sale, the director directly owned 4,053,535 shares in the company, valued at approximately C$71,666,498.80. This trade represents a 0.37% decrease in their position.

Trevor Haynes also recently made the following trade(s):

• On Monday, May 25th, Trevor Haynes sold 10,000 shares of Black Diamond Group stock. The shares were sold at an average price of C$18.32, for a total value of C$183,200.00.

Black Diamond Group Stock Performance

Shares of BDI traded up C$0.87 during mid-day trading on Monday, reaching C$18.68. 165,106 shares of the company’s stock traded hands, compared to its average volume of 155,504. The business’s 50-day moving average price is C$16.72 and its 200-day moving average price is C$15.89. The stock has a market capitalization of C$1.28 billion, a P/E ratio of 38.12 and a beta of 1.12. The company has a debt-to-equity ratio of 93.57, a quick ratio of 1.05 and a current ratio of 1.45. Black Diamond Group Limited has a 12 month low of C$9.20 and a 12 month high of C$18.75.

Black Diamond Group (TSE:BDI) last released its quarterly earnings results on Thursday, April 30th. The company reported C$0.04 earnings per share 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%. Equities analysts predict that Black Diamond Group Limited will post 0.5349233 earnings per share for the current year.

Wall Street Analyst Weigh In

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