Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Here’s What Happened

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares gapped up before the market opened on Monday . The stock had previously closed at $11.0450, but opened at $13.1450. Black Diamond Group shares last traded at $13.1450, with a volume of 422 shares changing hands.

Analyst Ratings Changes

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

Black Diamond Group Trading Up 3.0%

The company has a debt-to-equity ratio of 0.88, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a fifty day simple moving average of $13.10 and a two-hundred day simple moving average of $12.19. The firm has a market capitalization of $911.61 million, a P/E ratio of 37.56 and a beta of 0.73.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). Black Diamond Group had a net margin of 6.53% and a return on equity of 8.65%. The business had revenue of $93.46 million for the quarter, compared to analysts’ expectations of $88.74 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.