The 36-month beta value for GCMG is at 0.55. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for GCMG is 43.49M, and currently, shorts hold a 8.29% of that float. The average trading volume for GCMG on November 21, 2024 was 198.38K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
GCMG) stock’s latest price update
The stock price of GCM Grosvenor Inc (NASDAQ: GCMG) has jumped by 0.56 compared to previous close of 12.43. Despite this, the company has seen a gain of 7.67% in its stock price over the last five trading days. globenewswire.com reported 2024-11-20 that REGINA, Saskatchewan, Nov. 20, 2024 (GLOBE NEWSWIRE) — AGT Food and Ingredients Inc. (“AGT”) is pleased to announce the sale of all shares of AGT’s shortline rail and bulk handling infrastructure, comprising Mobil Grain Ltd., (“MobilGrain”) to GCM Grosvenor (NASDAQ: GCMG), a global alternative asset management firm, through the firm’s Infrastructure Advantage Strategy. Financial terms and details of the sale and subsequent agreement have not been disclosed. Northborne Partners acted as the sole lead advisor to AGT on the transaction.
GCMG’s Market Performance
GCM Grosvenor Inc (GCMG) has seen a 7.67% rise in stock performance for the week, with a 7.67% gain in the past month and a 15.00% surge in the past quarter. The volatility ratio for the week is 2.94%, and the volatility levels for the past 30 days are at 2.88% for GCMG. The simple moving average for the past 20 days is 5.85% for GCMG’s stock, with a 22.36% simple moving average for the past 200 days.
Analysts’ Opinion of GCMG
Many brokerage firms have already submitted their reports for GCMG stocks, with TD Cowen repeating the rating for GCMG by listing it as a “Hold.” The predicted price for GCMG in the upcoming period, according to TD Cowen is $12.50 based on the research report published on November 11, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see GCMG reach a price target of $10, previously predicting the price at $9.50. The rating they have provided for GCMG stocks is “Outperform” according to the report published on February 16th, 2024.
TD Cowen gave a rating of “Market Perform” to GCMG, setting the target price at $9.50 in the report published on January 04th of the current year.
GCMG Trading at 8.16% from the 50-Day Moving Average
After a stumble in the market that brought GCMG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.20% of gains for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 2.94%, as shares surge +5.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.10% upper at present.
During the last 5 trading sessions, GCMG rose by +7.67%, which changed the moving average for the period of 200-days by +44.84% in comparison to the 20-day moving average, which settled at $11.81. In addition, GCM Grosvenor Inc saw 39.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GCMG starting from SULLIVAN KATHLEEN PATRICIA, who sale 5,000 shares at the price of $10.73 back on Sep 09 ’24. After this action, SULLIVAN KATHLEEN PATRICIA now owns 47,307 shares of GCM Grosvenor Inc, valued at $53,635 using the latest closing price.
Bentley Pamela L, the Chief Financial Officer of GCM Grosvenor Inc, sale 25,000 shares at $8.81 during a trade that took place back on Dec 21 ’23, which means that Bentley Pamela L is holding 28,014 shares at $220,235 based on the most recent closing price.
Stock Fundamentals for GCMG
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.38 for the gross margin
The net margin for GCM Grosvenor Inc stands at 0.03. The total capital return value is set at 0.08.
Currently, EBITDA for the company is -9.15 million with net debt to EBITDA at 10.91. When we switch over and look at the enterprise to sales, we see a ratio of 5.92. The receivables turnover for the company is 8.51for trailing twelve months and the total asset turnover is 0.8.
Conclusion
In conclusion, GCM Grosvenor Inc (GCMG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
