Black Diamond Group (OTCMKTS:BDIMF) Stock Price Down 4.7% – Should You Sell?

Black Diamond Group Ltd. (OTCMKTS:BDIMF)’s stock price was down 4.7% during trading on Monday . The company traded as low as $13.18 and last traded at $13.18. Approximately 7,533 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 16,360 shares. The stock had previously closed at $13.8260.

Analyst Upgrades and Downgrades

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

Black Diamond Group Price Performance

The firm has a market capitalization of $914.03 million, a P/E ratio of 37.66 and a beta of 0.70. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.88. The firm has a 50 day moving average price of $12.98 and a 200-day moving average price of $12.02.

Black Diamond Group (OTCMKTS:BDIMF) last released its earnings results on Thursday, April 30th. The company reported $0.03 earnings per share 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 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%.

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.