Black Diamond Group (OTCMKTS:BDIMF) Trading Down 4.7% – Here’s What Happened

Black Diamond Group Ltd. (OTCMKTS:BDIMF – Get Free Report)’s share price traded down 4.7% on Monday . The company traded as low as $13.18 and last traded at $13.18. Approximately 7,533 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 16,360 shares. The stock had previously closed at $13.8260.

Wall Street Analysts Forecast Growth

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

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Black Diamond Group Stock Performance

The firm has a market capitalization of $916.81 million, a P/E ratio of 37.77 and a beta of 0.70. 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 firm has a 50-day moving average price of $13.01 and a two-hundred day moving average price of $12.04.

Black Diamond Group (OTCMKTS:BDIMF – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.03 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 company had revenue of $93.46 million during the quarter, compared to the consensus estimate of $88.74 million.

Black Diamond Group Company Profile

(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.

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