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Black Diamond Group (TSE:BDI) Shares Pass Above Two Hundred Day Moving Average - Here's Why

Black Diamond Group logo with Industrials background

Shares of Black Diamond Group Limited (TSE:BDI - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.00 and traded as high as C$11.08. Black Diamond Group shares last traded at C$10.99, with a volume of 171,110 shares.

Black Diamond Group Stock Up 0.7%

The company has a debt-to-equity ratio of 88.46, a quick ratio of 1.05 and a current ratio of 1.17. The firm has a fifty day simple moving average of C$9.73 and a 200-day simple moving average of C$9.04. The company has a market capitalization of C$686.73 million, a PE ratio of 27.94 and a beta of 1.54.

Insider Activity at Black Diamond Group

In other Black Diamond Group news, Director Steve Stein sold 20,000 shares of Black Diamond Group stock in a transaction that occurred on 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 the business's stock in a transaction that occurred on 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 acquired a total of 1,644 shares of company stock worth $17,920 over the last 90 days. 23.83% of the stock is owned by company insiders.

Black Diamond Group Company Profile

(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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