IBI Group Inc (TSE:IBG) Director Dale Elson Richmond acquired 5,000 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was purchased at an average cost of C$6.75 per share, with a total value of C$33,750.00.

Shares of IBI Group Inc (TSE IBG) traded up 2.12% during mid-day trading on Friday, reaching $6.73. 116,120 shares of the company’s stock traded hands. The company’s 50-day moving average price is $7.04 and its 200-day moving average price is $6.45. The stock has a market capitalization of $209.91 million and a PE ratio of 25.02. IBI Group Inc has a 12-month low of $4.60 and a 12-month high of $7.40.

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Separately, Raymond James Financial, Inc. downgraded shares of IBI Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from C$7.00 to C$6.50 in a research note on Friday, March 10th.

IBI Group Company Profile

IBI Group Inc is an architecture, planning, engineering and technology company. The Company provides a range of professional services focused on the physical development of cities. It operates through the consulting services segment. Its business is focused on three areas of development: intelligence, buildings and infrastructure.

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