Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Still a Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF – Get Free Report) shares gapped up before the market opened 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.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on Black Diamond Group

Black Diamond Group Stock Up 2.6%

The company has a debt-to-equity ratio of 0.92, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $942.68 million, a PE ratio of 55.20 and a beta of 0.75. The business’s 50 day moving average is $13.09 and its 200-day moving average is $12.80.

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

About Black Diamond Group

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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.

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