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

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares gapped up before the market opened on Wednesday . The stock had previously closed at $11.48, but opened at $12.51. Black Diamond Group shares last traded at $12.50, with a volume of 600 shares.

Black Diamond Group Trading Down 0.7%

The company’s 50 day moving average price is $11.88 and its 200 day moving average price is $11.07. The company has a market cap of $859.69 million, a price-to-earnings ratio of 32.92 and a beta of 0.67. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.42 and a current ratio of 1.42.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04). Black Diamond Group had a return on equity of 9.79% and a net margin of 7.65%.The business had revenue of $104.86 million for the quarter, compared to analyst estimates of $114.37 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.