The leading market experts have placed a mean price target of $5.19 on Black Diamond, Inc. (NASDAQ:BDE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.06 a share for the upcoming quarter and $-0.10 for the current fiscal.
The technical analysis of Black Diamond, Inc. plainly substantiates that the 50-day moving average of Black Diamond, Inc. is $4.32, and stock is trading $0.46 points away or +10.75% from its 50-day moving average of $4.32. Further it is trading $0.42 or +9.57% away its 200-day moving average of $4.36. Black Diamond, Inc. (NASDAQ:BDE) 52-week high is $9.00 and the 52-week low is $3.80.
This explains if the stock moves $-4.22, it will post a 52-week high. In event of +25.79% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Black Diamond, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Black Diamond, Inc. (NASDAQ:BDE) ratio came in at N/A.
The stock last ended the trading session at $4.78 and registered a market cap of $143.71M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Black Diamond, Inc. (NASDAQ:BDE) PEG ratio is at -3.80.
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