Black Diamond Group (OTCMKTS:BDIMF) Sets New 1-Year High – What’s Next?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares reached a new 52-week high during trading on Friday . The company traded as high as $11.92 and last traded at $11.92, with a volume of 300 shares. The stock had previously closed at $11.44.

Analyst Ratings Changes

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

Black Diamond Group Stock Performance

The stock has a market cap of $818.46 million, a PE ratio of 29.05 and a beta of 0.64. The stock has a fifty day moving average of $10.42 and a 200-day moving average of $9.53. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.54.

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

Black Diamond Group Company Profile

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.