Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$212,239.88 in Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Edward John Redmond sold 23,038 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of C$9.21, for a total value of C$212,239.88.

Edward John Redmond also recently made the following trade(s):

• On Thursday, October 17th, Edward John Redmond bought 482 shares of Black Diamond Group stock. The shares were acquired at an average cost of C$9.39 per share, for a total transaction of C$4,525.98.

Black Diamond Group Price Performance

Shares of TSE:BDI opened at C$8.95 on Thursday. The stock has a market cap of C$536.19 million, a price-to-earnings ratio of 18.65 and a beta of 1.54. The company has a debt-to-equity ratio of 84.84, a current ratio of 1.18 and a quick ratio of 1.05. Black Diamond Group Limited has a 12 month low of C$7.40 and a 12 month high of C$10.27. The stock’s 50 day moving average price is C$9.10 and its 200 day moving average price is C$9.20.

Black Diamond Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Tuesday, December 31st. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s payout ratio is currently 25.00%.

Analysts Set New Price Targets

Separately, Cormark upgraded shares of Black Diamond Group to a “moderate buy” rating in a research note on Wednesday, December 18th.

About Black Diamond Group

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.