Insider Selling: Black Diamond Group Limited (TSE:BDI) Senior Officer Sells C$141,000.00 in Stock

Black Diamond Group Limited (TSE:BDI) Senior Officer Tobias Gerald Labrie sold 15,000 shares of Black Diamond Group stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$9.40, for a total transaction of C$141,000.00.

Black Diamond Group Stock Performance

Black Diamond Group Limited has a 1 year low of C$7.40 and a 1 year 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 business’s fifty day moving average is C$9.07 and its 200 day moving average is C$8.97. The stock has a market cap of C$563.15 million, a PE ratio of 19.50 and a beta of 1.54.

Black Diamond Group Increases Dividend

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

Analysts Set New Price Targets

Separately, Raymond James lifted their target price on Black Diamond Group from C$12.00 to C$14.00 and gave the company a “strong-buy” rating in a research report on Monday, August 26th.

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.