Black Diamond Group (OTCMKTS:BDIMF) Trading Down 6.9% – Time to Sell?

Black Diamond Group Ltd. (OTCMKTS:BDIMFGet Free Report)’s stock price fell 6.9% during mid-day trading on Wednesday . The company traded as low as $12.2150 and last traded at $12.2150. Approximately 500 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 13,029 shares. The stock had previously closed at $13.1260.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets restated an “outperform” rating on shares of Black Diamond Group in a research report on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy”.

Get Our Latest Stock Report on BDIMF

Black Diamond Group Price Performance

The stock has a fifty day moving average of $13.21 and a 200-day moving average of $12.76. The firm has a market capitalization of $853.88 million, a P/E ratio of 50.00 and a beta of 0.75. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.92.

Black Diamond Group (OTCMKTS:BDIMFGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. The firm had revenue of $90.71 million for the quarter, compared to analyst estimates of $91.57 million. Black Diamond Group had a net margin of 4.60% and a return on equity of 7.24%.

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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