Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Down – Here’s What Happened

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF) gapped down before the market opened on Tuesday . The stock had previously closed at $13.57, but opened at $13.1060. Black Diamond Group shares last traded at $13.1060, with a volume of 263 shares trading hands.

Analyst Ratings Changes

Separately, BMO Capital Markets reiterated 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, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Black Diamond Group Stock Performance

The firm has a 50-day simple moving average of $13.32 and a two-hundred day simple moving average of $12.71. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $895.27 million, a price-to-earnings ratio of 52.42 and a beta of 0.74.

Black Diamond Group (OTCMKTS:BDIMF) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.07 EPS for the quarter, meeting the consensus estimate of $0.07. Black Diamond Group had a return on equity of 7.31% and a net margin of 4.60%.The business had revenue of $90.71 million during the quarter, compared to analysts’ expectations of $91.57 million.

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.