Stock Surge: BGC Group Inc (BGC) Closes at 10.38, Marking a -2.35 Increase/Decrease

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In the latest session, BGC Group Inc (NASDAQ: BGC) closed at $10.38 down -2.35% from its previous closing price of $10.63. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 3.02 million shares were traded. BGC stock price reached its highest trading level at $10.685 during the session, while it also had its lowest trading level at $10.37.

Ratios:

For a deeper understanding of BGC Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.09. In the meantime, Its Debt-to-Equity ratio is 1.90 whereas as Long-Term Debt/Eq ratio is at 1.54.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 09 ’24 when Richards David sold 43,893 shares for $9.02 per share. The transaction valued at 395,915 led to the insider holds 14,506 shares of the business.

Windeatt Sean A sold 118,449 shares of BGC for $1,036,429 on May 07 ’24. The Chief Operating Officer now owns 641,175 shares after completing the transaction at $8.75 per share. On May 06 ’24, another insider, Windeatt Sean A, who serves as the Chief Operating Officer of the company, sold 40,000 shares for $8.73 each. As a result, the insider received 349,200 and left with 759,624 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGC now has a Market Capitalization of 5053181440 and an Enterprise Value of 5962813952. As of this moment, BGC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.02, and their Forward P/E ratio for the next fiscal year is 9.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26 while its Price-to-Book (P/B) ratio in mrq is 5.85. Its current Enterprise Value per Revenue stands at 2.813.

Stock Price History:

Over the past 52 weeks, BGC has reached a high of $11.79, while it has fallen to a 52-week low of $6.09. The 50-Day Moving Average of the stock is 6.49%, while the 200-Day Moving Average is calculated to be 18.76%.

Shares Statistics:

For the past three months, BGC has traded an average of 2.99M shares per day and 3875500 over the past ten days. A total of 390.09M shares are outstanding, with a floating share count of 358.16M. Insiders hold about 26.40% of the company’s shares, while institutions hold 58.55% stake in the company. Shares short for BGC as of 1730332800 were 9851671 with a Short Ratio of 3.30, compared to 1727654400 on 8501201. Therefore, it implies a Short% of Shares Outstanding of 9851671 and a Short% of Float of 3.18.

Dividends & Splits

According to the company, the forward annual dividend rate for BGC is 0.06, from 0.07 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0065851365The stock’s 5-year Average Dividend Yield is 3.6.

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