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 Monday . The stock had previously closed at $11.0450, but opened at $13.1450. Black Diamond Group shares last traded at $13.1450, with a volume of 422 shares.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Black Diamond Group in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

Black Diamond Group Stock Performance

The stock has a 50-day moving average price of $13.12 and a 200 day moving average price of $12.23. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $928.64 million, a price-to-earnings ratio of 38.26 and a beta of 0.73.

Black Diamond Group (OTCMKTS:BDIMF) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $93.46 million during the quarter, compared to analysts’ expectations 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.