Black Diamond Group (TSE:BDI) Sets New 52-Week High - What's Next?

Key Points

• Black Diamond Group Limited shares reached a new 52-week high of C$12.40, with the stock last trading at C$12.35.
• The company's market capitalization is approximately C$755.22 million, with a P/E ratio of 30.73 and a beta of 1.54, indicating potential volatility.
• Insider trading activity included Director Steve Stein selling 20,000 shares and Director Trevor Haynes selling 6,700 shares, reflecting ongoing executive actions within the company.

Black Diamond Group Limited (TSE:BDI - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as C$12.40 and last traded at C$12.35, with a volume of 10905 shares changing hands. The stock had previously closed at C$12.29.

Black Diamond Group Price Performance

The firm's fifty day simple moving average is C$10.32 and its 200 day simple moving average is C$9.25. The firm has a market cap of C$735.29 million, a P/E ratio of 29.91 and a beta of 1.54. The company has a debt-to-equity ratio of 88.46, a quick ratio of 1.05 and a current ratio of 1.17.

Insider Activity

In related news, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$9.35, for a total value of C$62,645.00. Also, Director Steve Stein sold 20,000 shares of Black Diamond Group stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of C$9.20, for a total value of C$184,000.00. Insiders have acquired a total of 1,644 shares of company stock valued at $17,920 in the last three months. Insiders own 23.83% of the company's stock.

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.