Black Diamond Group (OTCMKTS:BDIMF) Sees Unusually-High Trading Volume – Time to Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares saw strong trading volume on Monday . 12,600 shares changed hands during mid-day trading, an increase of 272% from the previous session’s volume of 3,385 shares.The stock last traded at $10.00 and had previously closed at $9.91.

Analyst Ratings Changes

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Black Diamond Group in a research note on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Black Diamond Group Trading Up 1.7%

The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.54. The company’s 50-day moving average is $10.17 and its 200-day moving average is $8.72. The stock has a market capitalization of $690.01 million, a price-to-earnings ratio of 24.66 and a beta of 0.76.

Black Diamond Group (OTCMKTS:BDIMF) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $75.61 million during the quarter, compared to analysts’ expectations of $109.40 million. Black Diamond Group had a net margin of 8.23% and a return on equity of 10.76%.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.