Black Diamond Group (OTCMKTS:BDIMF) Sets New 12-Month High – Here’s Why

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s stock price reached a new 52-week high on Monday . The stock traded as high as $15.35 and last traded at $15.35, with a volume of 195 shares. The stock had previously closed at $13.70.

Wall Street Analyst Weigh In

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

Black Diamond Group Trading Up 13.9%

The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.85. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 43.86 and a beta of 0.73. The firm has a 50 day moving average price of $13.46 and a two-hundred day moving average price of $12.52.

Black Diamond Group (OTCMKTS:BDIMF) last posted its quarterly earnings data 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 return on equity of 8.38% and a net margin of 6.53%.The company had revenue of $93.46 million during the quarter, compared to analyst estimates of $88.74 million.

About Black Diamond Group

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.