Black Diamond Group (OTCMKTS:BDIMF) Sees Large Volume Increase – Time to Buy?

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF) saw an uptick in trading volume on Monday . 8,300 shares changed hands during mid-day trading, an increase of 113% from the previous session’s volume of 3,895 shares.The stock last traded at $10.05 and had previously closed at $10.07.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Black Diamond Group in a research report on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Black Diamond Group Stock Down 0.8%

The business’s fifty day simple moving average is $10.16 and its 200 day simple moving average is $8.79. The stock has a market cap of $685.91 million, a price-to-earnings ratio of 24.51 and a beta of 0.76. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.54.

Black Diamond Group (OTCMKTS:BDIMF) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. Black Diamond Group had a return on equity of 10.76% and a net margin of 8.23%.The business had revenue of $75.61 million for the quarter, compared to the consensus estimate of $109.40 million.

About Black Diamond Group

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.