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

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF) gapped up prior to trading on Wednesday . The stock had previously closed at $13.09, but opened at $13.53. Black Diamond Group shares last traded at $13.53, with a volume of 100 shares.

Wall Street Analysts Forecast Growth

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

Black Diamond Group Trading Up 5.2%

The business’s 50 day moving average price is $13.12 and its two-hundred day moving average price is $12.78. The company has a market capitalization of $924.23 million, a price-to-earnings ratio of 54.12 and a beta of 0.75. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.57 and a current ratio of 1.57.

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

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.