Black Diamond Group (OTCMKTS:BDIMF) Sets New 12-Month High – Still a Buy?

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s share price reached a new 52-week high on Thursday . The stock traded as high as $14.58 and last traded at $14.5010, with a volume of 4068 shares trading hands. The stock had previously closed at $13.00.

Black Diamond Group Stock Performance

The business’s 50-day simple moving average is $12.20 and its 200-day simple moving average is $11.57. The company has a market cap of $1.01 billion, a PE ratio of 41.43 and a beta of 0.68. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.88.

Black Diamond Group (OTCMKTS:BDIMF) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.04). The company had revenue of $93.46 million for the quarter, compared to analysts’ expectations of $88.74 million. Black Diamond Group had a net margin of 6.53% and a return on equity of 8.65%.

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.