Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Up – Still a Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF) shares gapped up before the market opened on Friday . The stock had previously closed at $11.83, but opened at $12.78. Black Diamond Group shares last traded at $12.78, with a volume of 100 shares.

Analyst Ratings Changes

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

Black Diamond Group Stock Up 5.4%

The company has a market capitalization of $878.24 million, a PE ratio of 31.17 and a beta of 0.64. The stock’s fifty day moving average is $11.44 and its two-hundred day moving average is $10.20. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.54.

Black Diamond Group Company Profile

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.