Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Down – What’s Next?

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $14.29, but opened at $13.50. Black Diamond Group shares last traded at $13.50, with a volume of 100 shares.

Wall Street Analyst Weigh In

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

Black Diamond Group Trading Down 1.6%

The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.85. The firm’s 50 day simple moving average is $13.46 and its two-hundred day simple moving average is $12.51. The stock has a market cap of $934.84 million, a P/E ratio of 38.52 and a beta of 0.73.

Black Diamond Group (OTCMKTS:BDIMF) last issued its earnings results on Thursday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The business had revenue of $93.46 million during the quarter, compared to the consensus estimate of $88.74 million. Black Diamond Group had a return on equity of 8.38% and a net margin of 6.53%.

About Black Diamond Group

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.