The stock of BGC Partners Inc. (BGCP) has seen a -1.54% decrease in the past week, with a 2.05% gain in the past month, and a 5.16% flourish in the past quarter. The volatility ratio for the week is 3.25%, and the volatility levels for the past 30 days are at 4.06% for BGCP. The simple moving average for the last 20 days is 2.56% for BGCP’s stock, with a simple moving average of 5.76% for the last 200 days.
Is It Worth Investing in BGC Partners Inc. (NASDAQ: BGCP) Right Now?
BGC Partners Inc. (NASDAQ: BGCP) has a higher price-to-earnings ratio of 41.48x compared to its average ratio, and the 36-month beta value for BGCP is at 1.70. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for BGCP is $8.50, The public float for BGCP is 289.78M, and currently, shorts hold a 2.37% of that float. The average trading volume for BGCP on May 25, 2023 was 2.60M shares.
BGCP) stock’s latest price update
BGC Partners Inc. (NASDAQ: BGCP)’s stock price has dropped by -2.61 in relation to previous closing price of 4.60. Nevertheless, the company has seen a loss of -1.54% in its stock price over the last five trading days.
BGCP Trading at -3.19% from the 50-Day Moving Average
After a stumble in the market that brought BGCP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.69% of loss for the given period.
Volatility was left at 4.06%, however, over the last 30 days, the volatility rate increased by 3.25%, as shares surge +2.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.35% lower at present.
During the last 5 trading sessions, BGCP fell by -1.54%, which changed the moving average for the period of 200-days by +8.47% in comparison to the 20-day moving average, which settled at $4.37. In addition, BGC Partners Inc. saw 18.83% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BGCP
Current profitability levels for the company are sitting at:
- +7.87 for the present operating margin
- +91.14 for the gross margin
The net margin for BGC Partners Inc. stands at +2.71. The total capital return value is set at 7.30, while invested capital returns managed to touch 2.67. Equity return is now at value 18.40, with 2.80 for asset returns.
Based on BGC Partners Inc. (BGCP), the company’s capital structure generated 181.18 points at debt to equity in total, while total debt to capital is 64.44. Total debt to assets is 39.46, with long-term debt to equity ratio resting at 175.33. Finally, the long-term debt to capital ratio is 62.35.
When we switch over and look at the enterprise to sales, we see a ratio of 1.36, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 1.84 and the total asset turnover is 0.56.
In conclusion, BGC Partners Inc. (BGCP) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.