Black Diamond Group Limited (TSE:BDI) Senior Officer Edward John Redmond Sells 23,038 Shares

Black Diamond Group Limited (TSE:BDI) Senior Officer Edward John Redmond sold 23,038 shares of Black Diamond Group 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 transaction 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 stock was bought at an average cost of C$9.39 per share, with a total value of C$4,525.98.

Black Diamond Group Trading Up 0.7 %

Shares of BDI stock opened at C$9.21 on Tuesday. 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 fifty day moving average price of C$9.10 and a 200-day moving average price of C$9.20. 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 company has a market cap of C$551.77 million, a price-to-earnings ratio of 19.19 and a beta of 1.54.

Black Diamond Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.035 per share. This is an increase from Black Diamond Group’s previous quarterly dividend of $0.03. The ex-dividend date is Tuesday, December 31st. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.52%. Black Diamond Group’s payout ratio is presently 25.00%.

Analysts Set New Price Targets

Separately, Cormark raised shares of Black Diamond Group to a “moderate buy” rating in a research report 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.