Black Diamond Group (TSE:BDI) Raised to “Moderate Buy” at Cormark

Black Diamond Group (TSE:BDI) was upgraded by stock analysts at Cormark to a “moderate buy” rating in a research note issued on Wednesday,Zacks.com reports. Cormark also issued estimates for Black Diamond Group’s FY2027 earnings at $0.80 EPS.

Separately, Raymond James upped their price target on shares of Black Diamond Group from C$12.00 to C$14.00 and gave the company a “strong-buy” rating in a research note on Monday, August 26th.

Black Diamond Group Trading Down 0.7 %

TSE BDI opened at C$9.33 on Wednesday. Black Diamond Group has a 12 month low of C$7.40 and a 12 month high of C$10.27. The company has a current ratio of 1.18, a quick ratio of 1.05 and a debt-to-equity ratio of 84.84. The stock has a 50 day moving average of C$9.07 and a 200-day moving average of C$9.00. The company has a market cap of C$558.96 million, a PE ratio of 19.44 and a beta of 1.54.

Insider Buying and Selling

In other Black Diamond Group news, Senior Officer Michael Lenard Ridley sold 15,400 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$9.40, for a total value of C$144,760.00. Also, Senior Officer Tobias Gerald Labrie sold 15,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$9.40, for a total transaction of C$141,000.00. Over the last 90 days, insiders sold 49,049 shares of company stock worth $460,652. 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.