Black Diamond Group (OTCMKTS:BDIMF) Shares Gap Down – Should You Sell?

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF) gapped down prior to trading 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.

Wall Street Analysts Forecast Growth

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

Black Diamond Group Trading Down 3.4%

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

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

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.