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 on Thursday, January 9th. The shares were 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 shares were purchased at an average price of C$9.39 per share, for a total transaction of C$4,525.98.

Black Diamond Group Stock Up 0.7 %

Shares of BDI stock opened at C$9.21 on Tuesday. The stock has a market cap of C$551.77 million, a P/E ratio of 19.19 and a beta of 1.54. Black Diamond Group Limited has a 52 week low of C$7.40 and a 52 week high of C$10.27. The company has a quick ratio of 1.05, a current ratio of 1.18 and a debt-to-equity ratio of 84.84. The company’s fifty day simple moving average is C$9.10 and its two-hundred day simple moving average is C$9.20.

Black Diamond Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders 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 represents a $0.14 annualized dividend and a yield of 1.52%. This is a boost from Black Diamond Group’s previous quarterly dividend of $0.03. Black Diamond Group’s payout ratio is presently 25.00%.

Wall Street Analyst Weigh In

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

Black Diamond Group Company Profile

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.