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Black Diamond Group (TSE:BDI) Hits New 52-Week High - Time to Buy?

Black Diamond Group logo with Industrials background

Black Diamond Group Limited (TSE:BDI - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$10.90 and last traded at C$10.89, with a volume of 103502 shares traded. The stock had previously closed at C$10.79.

Black Diamond Group Stock Performance

The company has a quick ratio of 1.05, a current ratio of 1.17 and a debt-to-equity ratio of 88.46. The stock has a market cap of C$710.39 million, a P/E ratio of 28.90 and a beta of 1.54. The stock has a fifty day simple moving average of C$9.73 and a 200-day simple moving average of C$9.04.

Insider Activity

In other news, 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 transaction of C$184,000.00. Also, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction dated Monday, May 12th. The shares were sold at an average price of C$9.35, for a total value of C$62,645.00. Insiders have bought a total of 1,644 shares of company stock worth $17,920 in the last quarter. 23.83% of the stock is currently owned by company insiders.

About Black Diamond Group

(Get Free Report)

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.

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