Black Diamond Group (OTCMKTS:BDIMF) Reaches New 12-Month High – Here’s What Happened

Black Diamond Group Ltd. (OTCMKTS:BDIMFGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $11.64 and last traded at $11.64, with a volume of 25436 shares traded. The stock had previously closed at $10.77.

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on Black Diamond Group

Black Diamond Group Stock Performance

The company has a market cap of $795.96 million, a PE ratio of 28.37 and a beta of 0.64. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.35. The business has a 50-day moving average of $10.25 and a 200 day moving average of $9.31.

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

About Black Diamond Group

(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.

Further Reading

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