Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Time to Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares gapped up prior to trading on Monday . The stock had previously closed at $8.38, but opened at $8.71. Black Diamond Group shares last traded at $8.71, with a volume of 200 shares.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets restated an “outperform” rating on shares of Black Diamond Group in a research report on Friday, August 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Black Diamond Group currently has a consensus rating of “Buy”.

Black Diamond Group Price Performance

The business has a 50-day moving average price of $8.02 and a 200 day moving average price of $6.83. The company has a market cap of $581.99 million, a price-to-earnings ratio of 23.54 and a beta of 0.62. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.74.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Black Diamond Group had a return on equity of 9.85% and a net margin of 7.20%.The company had revenue of $77.42 million during the quarter, compared to the consensus estimate of $97.55 million.

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.