Can Buying Binah Capital Group Inc (NASDAQ: BCG) Still Be Worthwhile?

Binah Capital Group Inc (NASDAQ:BCG) does about 25.98K shares in volume on a normal day but saw 24190343 shares change hands in the recent trading day. The company now has a market cap of 49.79M USD. Its current market price is $3.30, marking an increase of 65.82% compared to the previous close of $1.99. The 52 week high reached by this stock is $16.61 whilst the lowest price level in 52 weeks is $1.85.

Binah Capital Group Inc (BCG) has a 20-day trading average at $2.2400 and the current price is -80.13% off the 52-week high compared with 78.28% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.6600. If we look at the stock’s price movements over the week, volatility stands at 55.87%, which decreases to 21.93% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.00 to suggest the stock is 70.00.

The current price level is 47.27%, 24.26%, and -46.95% away from its SMA20, SMA50, and SMA200 respectively, with the BCG price moving below the 50-day SMA on current market day. Binah Capital Group Inc (BCG) stock is up 65.00% over the week and 22.22% over the past month. Its price is -73.39% year-to-date and -67.71% over the past year.

The company has a return on investment of -9.56% and return on equity of -26.29%. Price to book ratio is 20.21 and price to sales ratio is 0.21.