Black Diamond Group (OTCMKTS:BDIMF) Sets New 12-Month High - Time to Buy?

Key Points

• Black Diamond Group Ltd. shares achieved a new 52-week high of $10.47, trading at this price with a volume of 100 shares.
• BMO Capital Markets has reaffirmed an "outperform" rating for Black Diamond Group, with the stock having a consensus rating of "Buy."
• The company reported earnings of $0.11 per share for the quarter, exceeding analysts' expectations and achieving a net margin of 7.20%.

Black Diamond Group Ltd. (OTCMKTS:BDIMF - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $10.47 and last traded at $10.47, with a volume of 100 shares trading hands. The stock had previously closed at $10.25.

Analyst Ratings Changes

Separately, BMO Capital Markets reaffirmed an "outperform" rating on shares of Black Diamond Group in a research note on Tuesday, September 23rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy".

Black Diamond Group Stock Performance

The stock has a market cap of $700.19 million, a price-to-earnings ratio of 28.30 and a beta of 0.63. The stock's fifty day moving average is $9.08 and its 200-day moving average is $7.70. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.74.

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

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.

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