Black Diamond Group (OTCMKTS:BDIMF) Issues Earnings Results

Black Diamond Group (OTCMKTS:BDIMF) posted its earnings results on Thursday. The company reported $0.08 EPS 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

OTCMKTS BDIMF traded up $0.16 on Thursday, reaching $13.18. 100 shares of the stock were exchanged, compared to its average volume of 4,574. 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 has a one year low of $5.46 and a one year high of $13.18. The firm has a market capitalization of $905.73 million, a PE ratio of 32.15 and a beta of 0.64. The company’s 50-day simple moving average is $11.65 and its two-hundred day simple moving average is $10.33.

Analyst Ratings Changes

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

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.