Somewhat Favorable Press Coverage Somewhat Unlikely to Impact General Cable (BGC) Share Price

Media headlines about General Cable (NYSE:BGC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. General Cable earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 47.1264289606236 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

General Cable (NYSE BGC) traded up $0.15 on Wednesday, hitting $29.65. 469,378 shares of the company’s stock traded hands, compared to its average volume of 1,282,217. The company has a debt-to-equity ratio of 8.42, a current ratio of 1.98 and a quick ratio of 1.10. The company has a market cap of $1,493.39, a P/E ratio of -8.33 and a beta of 2.76. General Cable has a twelve month low of $14.95 and a twelve month high of $30.17.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 9th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, March 8th. General Cable’s dividend payout ratio is -20.22%.

COPYRIGHT VIOLATION WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact General Cable (BGC) Share Price” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at https://ledgergazette.com/2018/02/22/general-cable-bgc-earns-media-sentiment-score-of-0-19.html.

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.

Insider Buying and Selling by Quarter for General Cable (NYSE:BGC)

Receive News & Ratings for General Cable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Cable and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply