Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Should You Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares gapped up prior to trading on Friday. The stock had previously closed at $13.88, but opened at $14.56. Black Diamond Group shares last traded at $14.56, with a volume of 200 shares changing hands.

Analyst Ratings Changes

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

Black Diamond Group Trading Up 2.9%

The company has a 50 day moving average price of $13.07 and a 200 day moving average price of $12.87. The firm has a market cap of $994.59 million, a price-to-earnings ratio of 58.24 and a beta of 0.75. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.57 and a current ratio of 1.57.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.07. Black Diamond Group had a net margin of 4.60% and a return on equity of 7.24%. The business had revenue of $90.71 million during the quarter, compared to analysts’ expectations of $91.57 million.

About Black Diamond Group

Black Diamond Group Limited is a Canadian provider of modular buildings and workforce accommodation solutions. The company serves organizations that require flexible, relocatable space for projects, operations, and temporary or permanent facilities.

Through its Modular Space Solutions business, Black Diamond Group offers modular buildings for commercial, industrial, institutional, education, health care, and other applications. Its offerings include offices, classrooms, workforce facilities, and related space solutions available for lease or sale, along with services supporting delivery, installation, and site requirements.

The company’s Workforce Solutions business provides accommodations and associated services for remote and resource-intensive operations.