Black Diamond Group (OTCMKTS:BDIMF) Releases Quarterly Earnings Results

Black Diamond Group (OTCMKTS:BDIMF) issued its quarterly earnings data on Thursday. The company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07, Zacks reports. Black Diamond Group had a net margin of 6.53% and a return on equity of 8.38%.

Black Diamond Group Price Performance

OTCMKTS BDIMF remained flat at $12.89 on Thursday. The company’s stock had a trading volume of 22,158 shares, compared to its average volume of 13,213. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.45 and a current ratio of 1.45. The stock has a market capitalization of $893.96 million, a P/E ratio of 36.83 and a beta of 0.73. The stock’s fifty day moving average is $13.49 and its two-hundred day moving average is $12.55. Black Diamond Group has a 52-week low of $8.20 and a 52-week high of $15.35.

Analysts Set New Price Targets

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

About Black Diamond Group

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.