Ideas And Forecasts On BGC Group Inc (NASDAQ: BGC)

BGC Group Inc (NASDAQ:BGC) currently has a daily average trading volume of 3.00M but it saw 2969280 shares traded in last market. With a market cap of 4.63B USD, the company’s current market price of $9.39 came falling about -1.26 while comparing to the previous closing price of $9.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.75 and as low as $4.61.

Taking a look at 20-day trading activity of BGC Group Inc (BGC) gives us an average price of $9.07, while its current price level is -3.69% below from 52-week high level whereas it is 103.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.67 while that of 200 days or SMA-200 reads an average of $7.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.12% during that period while stretching the period over a month that increases to 2.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.38 which implies that the stock is in neutral territory.

Over the week, BGC’s stock price is moving -1.05% down while it is 15.07% when we observe its performance for the past one month. Year-to-date it is 30.06% up and over the past year, the stock is showing an upside performance of 96.44%.

Currently, BGC Group Inc’s total number of outstanding shares is 390.09M. Company’s return on investment (ROI) stands at 3.66% and return on equity (ROE) at 8.11%. It has a price to earnings ratio (P/E ratio) of 78.38 while having a 9.48 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 5.09 while price to sale or P/S ratio amounts to 2.24. Its return on asset (ROA) is 1.50% on average.