Positive News Coverage Somewhat Unlikely to Affect General Cable (BGC) Share Price
Media coverage about General Cable (NYSE:BGC) has trended positive on Friday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing 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 media sentiment score of 0.31 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.6920731015711 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
General Cable (BGC) traded down $0.05 during midday trading on Friday, reaching $29.45. The company’s stock had a trading volume of 346,405 shares, compared to its average volume of 1,325,436. The stock has a market cap of $1,488.33, a PE ratio of -8.27 and a beta of 2.76. The company has a debt-to-equity ratio of 8.42, a current ratio of 1.98 and a quick ratio of 1.10. General Cable has a fifty-two week low of $14.95 and a fifty-two week high of $30.17.
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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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