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

Black Diamond Group logo with Industrials background

Black Diamond Group Limited (TSE:BDI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$8.97 and traded as high as C$10.20. Black Diamond Group shares last traded at C$10.07, with a volume of 11,321 shares.

Black Diamond Group Stock Performance

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 fifty day moving average of C$9.48 and a 200-day moving average of C$8.98. The stock has a market cap of C$638.17 million, a PE ratio of 25.96 and a beta of 1.54.

Insider Buying and Selling

In other Black Diamond Group news, Director Trevor Haynes sold 6,700 shares of Black Diamond Group stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$9.35, for a total value of C$62,645.00. Also, Director Steve Stein sold 20,000 shares of Black Diamond Group stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of C$9.20, for a total value of C$184,000.00. 23.83% of the stock is currently owned by 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.

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