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

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s share price gapped up before the market opened on Friday . The stock had previously closed at $12.26, but opened at $13.00. Black Diamond Group shares last traded at $13.00, with a volume of 100 shares traded.

Black Diamond Group Trading Up 6.0%

The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.88. The business has a fifty day moving average price of $12.00 and a 200 day moving average price of $11.43. The company has a market capitalization of $900.22 million, a P/E ratio of 37.14 and a beta of 0.68.

Black Diamond Group (OTCMKTS:BDIMF) last posted 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 company had revenue of $93.46 million during the quarter, compared to the consensus estimate of $88.74 million. Black Diamond Group had a net margin of 6.53% and a return on equity of 8.65%.

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.