Black Diamond Group (OTCMKTS:BDIMF) Stock Price Up 8.3% – What’s Next?

Black Diamond Group Ltd. (OTCMKTS:BDIMFGet Free Report)’s stock price shot up 8.3% during mid-day trading on Thursday . The company traded as high as $14.3760 and last traded at $14.3760. Approximately 523 shares were traded during trading, a decline of 93% from the average session volume of 7,901 shares. The stock had previously closed at $13.27.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on Black Diamond Group

Black Diamond Group Trading Down 1.4%

The company has a debt-to-equity ratio of 0.88, a current ratio of 1.42 and a quick ratio of 1.42. The business’s 50-day moving average is $13.31 and its 200 day moving average is $12.40. The firm has a market capitalization of $991.01 million, a P/E ratio of 40.83 and a beta of 0.73.

Black Diamond Group (OTCMKTS:BDIMFGet Free Report) last released 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 net margin of 6.53% and a return on equity of 8.65%. The firm had revenue of $93.46 million for the quarter, compared to the consensus estimate of $88.74 million.

About Black Diamond Group

(Get Free Report)

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.

Further Reading

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