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

Black Diamond Group logo with Business Services background

Key Points

  • Black Diamond Group's stock reached a new 52-week high of $10.66 during trading, up from a previous close of $10.47.
  • The company reported earnings of $0.11 EPS for the last quarter, surpassing analysts' expectations, although revenue fell short of estimates.
  • BMO Capital Markets has reissued an "outperform" rating on Black Diamond Group, contributing to an average rating of "Buy" for the stock.
  • MarketBeat previews the top five stocks to own by November 1st.

Black Diamond Group Ltd. (OTCMKTS:BDIMF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $10.66 and last traded at $10.66, with a volume of 100 shares trading hands. The stock had previously closed at $10.47.

Analyst Ratings Changes

Separately, BMO Capital Markets reissued an "outperform" rating on shares of Black Diamond Group in a report on Tuesday, September 23rd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy".

Get Our Latest Stock Report on BDIMF

Black Diamond Group Stock Performance

The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.74. The firm has a market cap of $712.94 million, a price-to-earnings ratio of 28.81 and a beta of 0.63. The stock has a fifty day moving average price of $9.29 and a 200-day moving average price of $7.86.

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

About Black Diamond Group

(Get Free Report)

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.

See Also

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