Home News Current Fundamentals: General Cable Corporation (NYSE: BGC)

Current Fundamentals: General Cable Corporation (NYSE: BGC)

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General Cable Corporation trades as part of the technology sector and computer hardware industry. The company CEO is Michael T. McDonnell. General Cable Corp is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, specialty and communications markets around the world.

Previous Intraday Trading Performance:

The BGC stock showed a previous change of -0.17% with an open at 30.00 and a close of 30.00. It reached an intraday high of 30.05 and a low of 30.00.

Business Wire:  Prysmian Completes Acquisition of General Cable

Liquidity:

The stock has a market cap of $1.5b with 50.7m shares outstanding, of which the float is 48.5m shares. Trading volume reached 1,709,864 shares compared to its average volume of 1,442,253 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, General Cable Corporation shares returned 0.50% and in the past 30 trading days it returned 1.01%. Over three months, it changed 1.63%. In one year it has changed 83.79% and within that year its 52-week high was 30.18 and its 52-week low was 14.95. BGC stock is 100.67% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.82 and a 50 day moving average of 29.68. Currently BGC stock is trading 16.18% above its 200 day moving average.

Business Wire:  Prysmian Completes Acquisition of General Cable

Earnings:

The last annual fiscal EPS for the company was reported at -1.14 that ended on 31st of December 2017. The TTM EPS is 0.00, which comes to a TTM PE of 0.00.

The following are the last four quarter reported earnings per share:
03-31-2018:  0.20
12-31-2017:  0.03
09-30-2017:  0.25
06-30-2017:  0.11

The dividend per share is currently 0.72, which is a dividend yield of 2.40%.

Indicators to Watch:

Based on the latest filings, there is 99.10% of institutional ownership. Short-interest is 10,655,501, which is 21.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 12.04. This stock has a high level of short interest and may fall in value in the near term.

The current calculated beta is 2.54

Business Wire:  G-III Apparel Group Announces Date Change For Third Quarter Fiscal Year 2019 Results Due to Stock Markets Closing

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -45.54%, return on assets is -2.97%, profit margin is -1.84%, price-to-sales is 0.39 and price-to-book is 11.65.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 5  :Financial Strength Score
 0  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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