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

Key Points

• Black Diamond Group's stock has recently crossed above its 200-day moving average, trading as high as C$12.33 and closing at C$12.29 with a volume of 55,446 shares.
• Company insiders sold a total of 26,700 shares recently, with transactions occurring at average prices of C$9.20 to C$9.35, while they also purchased 1,644 shares valued at approximately C$17,920 in the last 90 days.
• Black Diamond Group operates in the modular space and workforce accommodation sector, providing solutions to various industries across North America.

Black Diamond Group Limited (TSE:BDI - ) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.19 and traded as high as C$12.33. Black Diamond Group shares last traded at C$12.29, with a volume of 55,446 shares.

Black Diamond Group Trading Up 1.3%

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 capitalization of C$765.18 million, a price-to-earnings ratio of 31.13 and a beta of 1.54. The company has a fifty day moving average of C$10.16 and a two-hundred day moving average of C$9.19.

Insider Buying and Selling at Black Diamond Group

In other news, Director Trevor Haynes sold 6,700 shares of the business's stock in a transaction dated 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 the 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. Insiders bought a total of 1,644 shares of company stock valued at $17,920 in the last 90 days. Company insiders own 23.83% of the company's stock.

About Black Diamond Group

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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