Black Diamond Group (OTCMKTS:BDIMF) Announces Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Black Diamond Group (OTCMKTS:BDIMF) issued its earnings results on Thursday. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04), Zacks reports. Black Diamond Group had a return on equity of 10.76% and a net margin of 8.23%.

Black Diamond Group Stock Performance

Shares of Black Diamond Group stock traded up $0.16 on Thursday, hitting $13.18. 100 shares of the company’s stock were exchanged, compared to its average volume of 4,574. Black Diamond Group has a 1 year low of $5.46 and a 1 year high of $13.18. The company has a 50-day simple moving average of $11.65 and a 200-day simple moving average of $10.33. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market capitalization of $905.73 million, a PE ratio of 32.15 and a beta of 0.64.

Analysts Set New Price Targets

Separately, BMO Capital Markets restated 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 presently has an average rating of “Buy”.

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.