Black Diamond Group (OTCMKTS:BDIMF) Sees Strong Trading Volume - Here's What Happened

Key Points

• Black Diamond Group experienced a significant increase in trading volume, with approximately 3,000 shares traded on Monday, marking a 119% rise compared to the previous session.
• The company's latest earnings report revealed an EPS of $0.06, exceeding expectations, although revenue fell short with $71.01 million reported against a consensus estimate of $83.80 million.
• Black Diamond Group has a market capitalization of $593.50 million and maintains a debt-to-equity ratio of 0.70, indicating a relatively stable financial position.

Shares of Black Diamond Group Ltd. (OTCMKTS:BDIMF - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 3,000 shares changed hands during trading, an increase of 119% from the previous session's volume of 1,372 shares.The stock last traded at $8.74 and had previously closed at $8.76.

Black Diamond Group Stock Down 0.4%

The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.70. The stock has a market cap of $590.83 million, a P/E ratio of 25.29 and a beta of 0.70. The firm has a 50-day simple moving average of $7.52 and a two-hundred day simple moving average of $6.60.

Black Diamond Group (OTCMKTS:BDIMF - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.02. The firm had revenue of $71.01 million for the quarter, compared to analysts' expectations of $83.80 million. Black Diamond Group had a return on equity of 9.44% and a net margin of 6.97%.

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.