Black Diamond Group Limited (TSE:BDI) Senior Officer Michael Lenard Ridley Sells 9,329 Shares

Black Diamond Group Limited (TSE:BDI) Senior Officer Michael Lenard Ridley sold 9,329 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of C$9.37, for a total value of C$87,412.73.

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

• On Monday, December 16th, Michael Lenard Ridley sold 9,320 shares of Black Diamond Group stock. The stock was sold at an average price of C$9.39, for a total value of C$87,479.38.

Black Diamond Group Stock Performance

TSE:BDI opened at C$9.35 on Wednesday. The stock has a market capitalization of C$560.16 million, a P/E ratio of 19.48 and a beta of 1.54. Black Diamond Group Limited has a 1 year low of C$7.40 and a 1 year high of C$10.27. The firm has a 50 day moving average of C$9.07 and a 200-day moving average of C$8.98. The company has a current ratio of 1.18, a quick ratio of 1.05 and a debt-to-equity ratio of 84.84.

Black Diamond Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.035 dividend. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.14 annualized dividend and a yield of 1.50%. Black Diamond Group’s payout ratio is presently 25.00%.

Analysts Set New Price Targets

Separately, Raymond James boosted their target price on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the company a “strong-buy” rating in a research note 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.