Black Diamond Group (TSE:BDI) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Black Diamond Group's stock price exceeded its 200-day moving average, trading at C$11.50 and reaching a high of C$11.75 during the session.
• The company has a market capitalization of C$715.99 million and a price-to-earnings ratio of 29.13.
• Recent insider trading included sales by Directors Steve Stein and Trevor Haynes, who sold shares at average prices of C$9.20 and C$9.35, respectively.

Black Diamond Group Limited (TSE:BDI - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.30 and traded as high as C$11.75. Black Diamond Group shares last traded at C$11.50, with a volume of 87,926 shares changing hands.

Black Diamond Group Price Performance

The company has a 50 day simple moving average of C$10.53 and a 200-day simple moving average of C$9.34. The stock has a market cap of C$752.72 million, a price-to-earnings ratio of 30.62 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.

Insider Activity

In other Black Diamond Group news, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$9.35, for a total value of C$62,645.00. Over the last 90 days, insiders bought 1,644 shares of company stock valued at $17,920. Company insiders own 23.83% of the company's stock.

Black Diamond Group Company Profile

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.