Black Diamond Inc (NASDAQ:BDE) has been upgraded to Hold in a report by TheStreet today.
- Updated: November 26, 2016
Displaying a price of $6.00, Black Diamond Inc (NASDAQ:BDE) traded 0.82% higher on the day. With the last close up 30.42% from the two hundred day average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day average of $5.42 and a two hundred day average of $4.72. Volume of trade was down over the average, with 45,653 shares of BDE changing hands under the typical 103,648
TheStreet has upgraded Black Diamond Inc (NASDAQ:BDE) to Hold in a statement released on Monday November 21, 2016.
On 11/16/2015, Canaccord Genuity released a statement about Black Diamond Inc (NASDAQ:BDE) dropped the target price from $9.00 to $6.00 that suggested an upside of 0%.
With a total market value of $0, Black Diamond Inc has with a 52 week low of $3.85 and a 52 week high of $6.35 .
In addition to TheStreet reporting its stock price target, a total of 5 brokers have issued a report on the company. The average stock price target is $5.15 with 3 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Black Diamond Inc (NASDAQ:BDE)
Black Diamond, Inc., through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities. Its principal brands include Black Diamond and PIEPS. It offer a range of products, including apparel, such as jackets, shells, pants and bibs; rock-climbing equipment, such as carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gear; technical backpacks and high-end day packs; tents; trekking poles; headlamps and lanterns, and gloves and mittens. The Company also offers advanced skis, ski poles, ski bindings, ski skins, and ski safety products, including avalanche airbag systems, avalanche transceivers, shovels and probes. The Company's products are sold in North America, Europe, Asia, and the rest of the world in over 50 countries.
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