Black Diamond Group (OTCMKTS:BDIMF) Sets New 12-Month High – Here’s Why

Black Diamond Group Ltd. (OTCMKTS:BDIMFGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $15.35 and last traded at $15.35, with a volume of 195 shares trading hands. The stock had previously closed at $13.70.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reiterated 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, Based on data from MarketBeat.com, Black Diamond Group presently has an average rating of “Buy”.

Read Our Latest Stock Analysis on Black Diamond Group

Black Diamond Group Price Performance

The company has a debt-to-equity ratio of 0.85, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 43.86 and a beta of 0.73. The business’s 50-day simple moving average is $13.46 and its two-hundred day simple moving average is $12.52.

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 (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.04). Black Diamond Group had a return on equity of 8.38% and a net margin of 6.53%.The company had revenue of $93.46 million for the quarter, compared to analyst estimates 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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