Black Diamond Group (OTCMKTS:BDIMF) Hits New 1-Year High – Still a Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMFGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $11.9625 and last traded at $11.9625, with a volume of 36868 shares traded. The stock had previously closed at $11.91.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets restated an “outperform” rating on shares of Black Diamond Group in a report on Friday, October 31st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Black Diamond Group presently has a consensus rating of “Buy”.

View Our Latest Stock Report on Black Diamond Group

Black Diamond Group Trading Up 0.4%

The firm’s 50 day simple moving average is $10.59 and its 200-day simple moving average is $9.68. The company has a market capitalization of $822.06 million, a PE ratio of 29.18 and a beta of 0.64. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.54.

Black Diamond Group (OTCMKTS:BDIMFGet Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. Black Diamond Group had a net margin of 8.23% and a return on equity of 10.76%. The business had revenue of $75.61 million for the quarter, compared to analyst estimates of $109.40 million.

About Black Diamond Group

(Get Free Report)

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.

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