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

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF) gapped up prior to trading on Friday. The stock had previously closed at $13.88, but opened at $14.56. Black Diamond Group shares last traded at $14.56, with a volume of 200 shares trading hands.

Analyst Upgrades and Downgrades

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

Black Diamond Group Stock Up 2.9%

The firm has a 50 day moving average price of $13.07 and a 200-day moving average price of $12.87. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.92. The firm has a market cap of $994.59 million, a PE ratio of 58.24 and a beta of 0.75.

Black Diamond Group (OTCMKTS:BDIMF) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.07. Black Diamond Group had a net margin of 4.60% and a return on equity of 7.24%. The company had revenue of $90.71 million during the quarter, compared to the consensus estimate of $91.57 million.

Black Diamond Group Company Profile

Black Diamond Group Limited is a Canadian provider of modular buildings and workforce accommodation solutions. The company serves organizations that require flexible, relocatable space for projects, operations, and temporary or permanent facilities.

Through its Modular Space Solutions business, Black Diamond Group offers modular buildings for commercial, industrial, institutional, education, health care, and other applications. Its offerings include offices, classrooms, workforce facilities, and related space solutions available for lease or sale, along with services supporting delivery, installation, and site requirements.

The company’s Workforce Solutions business provides accommodations and associated services for remote and resource-intensive operations.