General Cable (BGC) Receiving Somewhat Positive Press Coverage, Analysis Finds

Media stories about General Cable (NYSE:BGC) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. General Cable earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 47.1264289606236 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

General Cable (BGC) opened at $29.50 on Wednesday. The firm has a market capitalization of $1,470.00, a P/E ratio of -8.29 and a beta of 2.75. The company has a debt-to-equity ratio of 8.42, a quick ratio of 1.10 and a current ratio of 1.98. General Cable has a 1-year low of $14.95 and a 1-year high of $30.17.

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General Cable Company Profile

General Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company’s segments include North America, Europe, Latin America, and Africa/Asia Pacific.

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