Black Diamond Group (OTCMKTS:BDIMF) Trading 4.6% Higher – Time to Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s share price rose 4.6% during trading on Thursday . The company traded as high as $13.45 and last traded at $13.45. Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 13,271 shares. The stock had previously closed at $12.86.

Wall Street Analyst Weigh In

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

Black Diamond Group Price Performance

The company has a debt-to-equity ratio of 0.92, a current ratio of 1.57 and a quick ratio of 1.57. The business’s 50 day moving average price is $13.11 and its 200 day moving average price is $12.79. The stock has a market capitalization of $918.77 million, a P/E ratio of 53.80 and a beta of 0.75.

Black Diamond Group (OTCMKTS:BDIMF) last issued its quarterly earnings data 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 company had revenue of $90.71 million for the quarter, compared to the consensus estimate 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.