Black Diamond Group (OTCMKTS:BDIMF) Sees Strong Trading Volume – Time to Buy?

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF) saw strong trading volume on Monday . 8,300 shares traded hands during mid-day trading, an increase of 113% from the previous session’s volume of 3,895 shares.The stock last traded at $10.05 and had previously closed at $10.07.

Wall Street Analyst Weigh In

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

Black Diamond Group Trading Up 2.0%

The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.54. The stock has a market cap of $699.56 million, a price-to-earnings ratio of 25.00 and a beta of 0.76. The company has a fifty day simple moving average of $10.16 and a 200-day simple moving average of $8.85.

Black Diamond Group (OTCMKTS:BDIMF) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $75.61 million for the quarter, compared to analyst estimates of $109.40 million. Black Diamond Group had a net margin of 8.23% and a return on equity of 10.76%.

Black Diamond Group Company Profile

Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in the construction, real estate development, education, manufacturing, health care, financial, government, and defense industries in North America.