Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Should You Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) gapped up prior to trading on Wednesday . The stock had previously closed at $13.09, but opened at $13.53. Black Diamond Group shares last traded at $13.53, with a volume of 100 shares changing hands.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Black Diamond Group in a research note on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Black Diamond Group has an average rating of “Buy”.

Black Diamond Group Price Performance

The stock has a 50 day moving average of $13.12 and a two-hundred day moving average of $12.78. The stock has a market cap of $924.23 million, a PE ratio of 54.12 and a beta of 0.75. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.57 and a current ratio of 1.57.

Black Diamond Group (OTCMKTS:BDIMF) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.07 EPS for the quarter, meeting analysts’ consensus estimates of $0.07. Black Diamond Group had a net margin of 4.60% and a return on equity of 7.24%. The company had revenue of $90.71 million during the quarter, compared to analyst estimates of $91.57 million.

Black Diamond Group Company Profile

Black Diamond Group Limited is a Canadian provider of modular buildings and workforce accommodation solutions. The company serves organizations that require flexible, relocatable space for projects, operations, and temporary or permanent facilities.

Through its Modular Space Solutions business, Black Diamond Group offers modular buildings for commercial, industrial, institutional, education, health care, and other applications. Its offerings include offices, classrooms, workforce facilities, and related space solutions available for lease or sale, along with services supporting delivery, installation, and site requirements.

The company’s Workforce Solutions business provides accommodations and associated services for remote and resource-intensive operations.