These Numbers Show Favorable Signs for BGC Group Inc (BGC)

BGC Group Inc (NASDAQ: BGC) is 77.19% higher on its value in year-to-date trading and has touched a low of $3.71 and a high of $6.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BGC stock was last observed hovering at around $6.68 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $6.68, the stock is 3.91% and 7.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing 0.00% at the moment leaves the stock 29.57% off its SMA200. BGC registered 71.28% gain for a year compared to 6-month gain of 57.55%. The firm has a 50-day simple moving average (SMA 50) of $2.02 and a 200-day simple moving average (SMA200) of $22.12.

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The stock witnessed a 0.60% loss in the last 1 month and extending the period to 3 months gives it a 26.52%, and is 8.62% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.15% over the week and 3.29% over the month.

BGC Group Inc (BGC) has around 3818 employees, a market worth around $2.55B and $1.88B in sales. Current P/E ratio is 363.04 and Fwd P/E is 7.34. Profit margin for the company is 0.39%. Distance from 52-week low is 80.05% and -1.47% from its 52-week high. The company has generated returns on investments over the last 12 months (0.32%).

BGC Group Inc is expected to release its quarterly report on 02/26/2024.The EPS is expected to grow by 15.94% this year.

BGC Group Inc (BGC) Top Institutional Holders

The shares outstanding are 325.86M, and Short Float at -.

BGC Group Inc (BGC): Who are the competitors?

The company’s main competitors (and peers) include Nasdaq Inc. (NDAQ) that is trading -6.92% down over the past 12 months. Intercontinental Exchange Inc. (ICE) that is 22.28% higher over the same period.