Black Diamond Group (OTCMKTS:BDIMF) Shares Climb 4.6% – Should You Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF – Get Free Report)’s stock price shot up 4.6% during trading on Thursday. The stock traded as high as $13.45 and last traded at $13.45. Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average session volume of 13,271 shares. The stock had previously closed at $12.86.

Analysts Set New Price Targets

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

View Our Latest Stock Report on BDIMF

Black Diamond Group Trading Up 2.6%

The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.57 and a current ratio of 1.57. The business’s 50 day moving average price is $13.08 and its 200-day moving average price is $12.81. The firm has a market cap of $942.68 million, a price-to-earnings ratio of 55.20 and a beta of 0.75.

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

About Black Diamond Group

(Get Free Report)

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.

Further Reading

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