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

Black Diamond Group Ltd. (OTCMKTS:BDIMFGet Free Report) was down 4.7% on Monday . The company traded as low as $13.18 and last traded at $13.18. 7,533 shares were traded during trading, a decline of 54% from the average daily volume of 16,360 shares. The stock had previously closed at $13.8260.

Analyst Ratings Changes

Separately, BMO Capital Markets reissued 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 MarketBeat.com, the company currently has an average rating of “Buy”.

Get Our Latest Stock Report on Black Diamond Group

Black Diamond Group Stock Down 4.7%

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 firm has a market cap of $914.03 million, a PE ratio of 37.66 and a beta of 0.70. The business’s 50-day simple moving average is $12.98 and its 200 day simple moving average is $12.02.

Black Diamond Group (OTCMKTS:BDIMFGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $93.46 million during the quarter, compared to analysts’ expectations 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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