Free Trial

Black Diamond Group (TSE:BDI) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Black Diamond Group logo with Industrials background

Key Points

  • Black Diamond Group shares have surpassed their 200-day moving average, reaching a high of C$12.40 during trading, with the last trading price at C$12.35.
  • The company announced a quarterly dividend of $0.035, which will be paid on October 15th, translating to an annual yield of 1.1%.
  • With a market capitalization of C$813.72 million, the company has a P/E ratio of 24.22 and a relatively high debt-to-equity ratio of 88.46.
  • Five stocks we like better than Black Diamond Group.

Black Diamond Group Limited (TSE:BDI - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.89 and traded as high as C$12.40. Black Diamond Group shares last traded at C$12.35, with a volume of 104,757 shares changing hands.

Black Diamond Group Price Performance

The company has a fifty day moving average of C$11.76 and a 200 day moving average of C$9.98. The firm has a market capitalization of C$820.31 million, a P/E ratio of 24.41 and a beta of 0.75. The company has a debt-to-equity ratio of 88.46, a current ratio of 1.17 and a quick ratio of 1.05.

Black Diamond Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 1.1%. Black Diamond Group's payout ratio is presently 26.47%.

About Black Diamond Group

(Get Free Report)

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. The company also provides specialized field rentals to the oil and gas industries of Canada and the United States. Besides, Black Diamond Group provides turnkey lodging services, as well as a host of related services that include transportation, installation, dismantling, repairs, maintenance, and ancillary field equipment rentals.

Recommended Stories

Should You Invest $1,000 in Black Diamond Group Right Now?

Before you consider Black Diamond Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Black Diamond Group wasn't on the list.

While Black Diamond Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.