Black Diamond Group (OTCMKTS:BDIMF) Announces Quarterly Earnings Results

Black Diamond Group (OTCMKTS:BDIMF) posted its quarterly earnings data on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.07, Zacks reports. Black Diamond Group had a net margin of 6.53% and a return on equity of 8.38%.

Black Diamond Group Price Performance

Shares of OTCMKTS:BDIMF remained flat at $12.89 during midday trading on Thursday. 22,158 shares of the stock traded hands, compared to its average volume of 13,213. The stock has a fifty day moving average price of $13.49 and a 200-day moving average price of $12.55. Black Diamond Group has a one year low of $8.20 and a one year high of $15.35. 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 capitalization of $893.96 million, a P/E ratio of 36.83 and a beta of 0.73.

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 research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

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.