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Black Diamond Group (TSE:BDI) Stock Price Crosses Above 200-Day Moving Average - Here's What Happened

Black Diamond Group logo with Industrials background

Black Diamond Group Limited (TSE:BDI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$8.85 and traded as high as C$9.75. Black Diamond Group shares last traded at C$9.74, with a volume of 38,968 shares.

Black Diamond Group Price Performance

The firm has a 50 day moving average price of C$8.75 and a 200 day moving average price of C$8.86. The stock has a market capitalization of C$584.00 million, a PE ratio of 23.76 and a beta of 1.54. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 88.46.

Insiders Place Their Bets

In other news, Director Trevor Haynes sold 6,700 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of C$9.35, for a total transaction of C$62,645.00. Also, Director Steve Stein sold 20,000 shares of Black Diamond Group stock in a transaction on Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total transaction of C$184,000.00. Insiders sold a total of 32,598 shares of company stock worth $295,304 over the last quarter. 23.83% of the stock is currently owned by corporate 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.

Further Reading

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