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Black Diamond (NYSE:BDE) announced its earnings results on Monday. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.08) by $0.03, AnalystRatings.Net reports. The company had revenue of $34.40 million for the quarter, compared to the consensus estimate of $43.65 million.

Shares of Black Diamond (NYSE:BDE) traded up 2.19% during mid-day trading on Monday, hitting $8.87. The stock had a trading volume of 310,921 shares. Black Diamond has a 52-week low of $8.39 and a 52-week high of $15.15. The stock has a 50-day moving average of $10.45 and a 200-day moving average of $10.98. The company’s market cap is $288.2 million.

A number of analysts have recently weighed in on BDE shares. Analysts at Piper Jaffray downgraded shares of Black Diamond from an “overweight” rating to a “neutral” rating in a research note on Tuesday, July 29th. They now have a $8.00 price target on the stock, down previously from $13.00. On the ratings front, analysts at Stifel Nicolaus cut their price target on shares of Black Diamond from $15.00 to $13.00 in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. Finally, analysts at Acumen Capital raised their price target on shares of Black Diamond from $37.00 to $38.25 in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $16.58.

Black Diamond, Inc (NYSE:BDE), formerly Clarus Corporation, incorporated in 1991, is engaged in designing, manufacturing and marketing outdoor performance products for climbing, mountaineering, backpacking, skiing and other outdoor recreation activities.

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