Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – What’s Next?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares gapped up before the market opened on Friday . The stock had previously closed at $12.26, but opened at $13.00. Black Diamond Group shares last traded at $13.00, with a volume of 100 shares traded.

Black Diamond Group Price Performance

The firm has a 50-day simple moving average of $12.02 and a two-hundred day simple moving average of $11.44. The company has a market capitalization of $900.25 million, a price-to-earnings ratio of 37.14 and a beta of 0.68. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.88.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.04). Black Diamond Group had a return on equity of 8.65% and a net margin of 6.53%.The company had revenue of $93.46 million for the quarter, compared to analyst estimates of $88.74 million.

Black Diamond Group Company Profile

Black Diamond Group Limited, trading on the OTC Markets under the symbol BDIMF, is a provider of cloud-based wealth management technology. Its flagship offering, the Black Diamond® Wealth Platform, delivers portfolio accounting, performance reporting, rebalancing, trading and client portal capabilities through a software-as-a-service model. The platform is designed to meet the needs of registered investment advisers, family offices, broker-dealers and institutional asset managers seeking a unified system for portfolio management and client servicing.

The company supports a wide range of account types and investment strategies, incorporating tools for multi-currency accounting, customizable reporting and business intelligence.