Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Should You Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $12.53, but opened at $13.11. Black Diamond Group shares last traded at $13.11, with a volume of 100 shares.

Black Diamond Group Stock Performance

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 business has a 50 day moving average of $12.00 and a 200 day moving average of $11.23. The firm has a market capitalization of $896.79 million, a price-to-earnings ratio of 34.08 and a beta of 0.67.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The company had revenue of $104.86 million for the quarter, compared to analyst estimates of $114.37 million. Black Diamond Group had a return on equity of 9.79% and a net margin of 7.65%.

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.