Black Diamond Group (OTCMKTS:BDIMF) Hits New 12-Month High - What's Next?

Key Points

• Black Diamond Group shares reached a new 52-week high of $9.64, up from a previous close of $8.99, with a trading volume of 6766 shares.
• Despite a net margin of 7.20% and a return on equity of 9.85%, the company's quarterly revenue of $77.42 million fell short of the consensus estimate of $97.55 million.
• BMO Capital Markets maintains an "outperform" rating on Black Diamond Group, which has a consensus rating of "Buy" from analysts.

Black Diamond Group Ltd. (OTCMKTS:BDIMF - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $9.64 and last traded at $9.64, with a volume of 6766 shares. The stock had previously closed at $8.99.

Analyst Ratings Changes

Separately, BMO Capital Markets reiterated an "outperform" rating on shares of Black Diamond Group in a research report on Friday, August 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Black Diamond Group has a consensus rating of "Buy".

Black Diamond Group Price Performance

The company has a debt-to-equity ratio of 0.74, a current ratio of 1.16 and a quick ratio of 1.16. The company has a 50-day moving average price of $8.57 and a 200-day moving average price of $7.21. The firm has a market capitalization of $644.72 million, a PE ratio of 26.05 and a beta of 0.65.

Black Diamond Group (OTCMKTS:BDIMF - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. Black Diamond Group had a return on equity of 9.85% and a net margin of 7.20%.The business had revenue of $77.42 million for the quarter, compared to the consensus estimate of $97.55 million.

About Black Diamond Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.