Spotting A Winner: Binah Capital Group Inc (NASDAQ: BCG) Retreats -3.77 And It Still Have Room To Run

Binah Capital Group Inc (NASDAQ:BCG) currently has a daily average trading volume of 435.39K but it saw 245856 shares traded in last market. With a market cap of 40.74M USD, the company’s current market price of $2.55 came falling about -3.77 while comparing to the previous closing price of $2.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.61 and as low as $1.85. In the recent trading on the day, stock has struck highest price mark of $2.47 while lowest mark touched by it was $2.83.

Taking a look at 20-day trading activity of Binah Capital Group Inc (BCG) gives us an average price of $2.66, while its current price level is -84.65% below from 52-week high level whereas it is 37.76% 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 $2.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.35% during that period while stretching the period over a month that increases to 28.95%. 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 47.09 which implies that the stock is in neutral territory.

Over the week, BCG’s stock price is moving -6.59% down while it is 21.43% when we observe its performance for the past one month. Year-to-date it is -79.44% down and over the past year, the stock is showing a downside performance of -75.10%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Binah Capital Group Inc’s total number of outstanding shares is 16.45M with 79.31% of that held by the insiders while 0.43% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -12.76% and return on equity (ROE) at -35.99%. Stock has a price to book (P/B) ratio of 34.62 while price to sale or P/S ratio amounts to 0.15. Its return on asset (ROA) is -6.10% on average.