Black Diamond Group (OTCMKTS:BDIMF) Trading Down 5.9% – Should You Sell?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) fell 5.9% during mid-day trading on Monday . The company traded as low as $12.19 and last traded at $12.19. 120 shares were traded during trading, a decline of 96% from the average session volume of 3,056 shares. The stock had previously closed at $12.95.

Black Diamond Group Stock Performance

The stock has a market cap of $830.31 million, a price-to-earnings ratio of 34.26 and a beta of 0.68. The stock’s fifty day moving average is $12.00 and its 200-day moving average is $11.29. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.88.

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

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.