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 $13.27, but opened at $14.35. Black Diamond Group shares last traded at $14.35, with a volume of 450 shares.

Analyst Ratings Changes

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

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Black Diamond Group Stock Performance

The stock’s 50 day moving average price is $13.18 and its 200 day moving average price is $12.33. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.88. The company has a market cap of $995.17 million, a price-to-earnings ratio of 41.00 and a beta of 0.73.

Black Diamond Group (OTCMKTS:BDIMF – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The company had revenue of $93.46 million for the quarter, compared to analysts’ expectations of $88.74 million. Black Diamond Group had a return on equity of 8.65% and a net margin of 6.53%.

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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