Technical Outlook And Game Plan For BGC Group Inc (NASDAQ: BGC)

BGC Group Inc (BGC) concluded trading on Thursday at a closing price of $8.63, with 3.72 million shares of worth about $32.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.02% during that period and on December 19, 2024 the price saw a loss of about -0.35%. Currently the company’s common shares owned by public are about 375.43M shares, out of which, 351.28M shares are available for trading.

Stock saw a price change of -4.64% in past 5 days and over the past one month there was a price change of -16.70%. Year-to-date (YTD), BGC shares are showing a performance of 19.53% which increased to 31.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.22 but also hit the highest price of $11.79 during that period. The average intraday trading volume for BGC Group Inc shares is 3.33 million. The stock is currently trading -7.74% below its 20-day simple moving average (SMA20), while that difference is down -11.26% for SMA50 and it goes to -4.18% lower than SMA200.

BGC Group Inc (NASDAQ: BGC) currently have 375.43M outstanding shares and institutions hold larger chunk of about 59.29% of that.

The stock has a current market capitalization of $4.14B and its 3Y-monthly beta is at 1.48. PE ratio of stock for trailing 12 months is 35.76, while it has posted earnings per share of $0.24 in the same period. Its PEG reads 1.75 while making debt-to-equity ratio of 1.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BGC, volatility over the week remained 3.38% while standing at 3.30% over the month.

Stock’s fiscal year EPS is expected to rise by 20.73% while it is estimated to increase by 7.07% in next year. EPS is likely to grow at an annualized rate of 20.48% for next 5-years, compared to annual growth of -35.27% made by the stock over the past 5-years.

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