In the past week, BGC stock has gone down by -2.53%, with a monthly gain of 0.76% and a quarterly plunge of -0.54%. The volatility ratio for the week is 3.35%, and the volatility levels for the last 30 days are 3.04% for BGC Group Inc The simple moving average for the last 20 days is 0.97% for BGC stock, with a simple moving average of 1.62% for the last 200 days.
Is It Worth Investing in BGC Group Inc (NASDAQ: BGC) Right Now?
The price-to-earnings ratio for BGC Group Inc (NASDAQ: BGC) is 38.25x, which is above its average ratio. Moreover, the 36-month beta value for BGC is 1.46. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BGC is 351.28M and currently, short sellers hold a 4.13% of that float. On January 15, 2025, BGC’s average trading volume was 3.33M shares.
BGC) stock’s latest price update
The stock price of BGC Group Inc (NASDAQ: BGC) has plunged by -2.33 when compared to previous closing price of 9.45, but the company has seen a -2.53% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-02 that BGC affirms its fourth quarter and full-year 2024 guidance for revenues and pre-tax adjusted earnings.
BGC Trading at -4.76% from the 50-Day Moving Average
After a stumble in the market that brought BGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.71% of loss for the given period.
Volatility was left at 3.04%, however, over the last 30 days, the volatility rate increased by 3.35%, as shares surge +1.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.35% lower at present.
During the last 5 trading sessions, BGC fell by -2.53%, which changed the moving average for the period of 200-days by +20.81% in comparison to the 20-day moving average, which settled at $9.14. In addition, BGC Group Inc saw 1.88% 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 BGC starting from Richards David, who sale 43,893 shares at the price of $9.02 back on Aug 09 ’24. After this action, Richards David now owns 14,506 shares of BGC Group Inc, valued at $395,915 using the latest closing price.
Windeatt Sean A, the Chief Operating Officer of BGC Group Inc, sale 118,449 shares at $8.75 during a trade that took place back on May 07 ’24, which means that Windeatt Sean A is holding 641,175 shares at $1,036,429 based on the most recent closing price.
Stock Fundamentals for BGC
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.57 for the gross margin
The net margin for BGC Group Inc stands at 0.06. The total capital return value is set at 0.08. Equity return is now at value 14.29, with 2.95 for asset returns.
Based on BGC Group Inc (BGC), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.68. The interest coverage ratio of the stock is 2.31.
Currently, EBITDA for the company is 202.48 million with net debt to EBITDA at 2.84. When we switch over and look at the enterprise to sales, we see a ratio of 2.45. The receivables turnover for the company is 1.03for trailing twelve months and the total asset turnover is 0.49.
Conclusion
To wrap up, the performance of BGC Group Inc (BGC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
