Binah Capital Group (NASDAQ:BCG – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.01 EPS for the quarter, FiscalAI reports. Binah Capital Group had a net margin of 0.58% and a return on equity of 509.27%. The firm had revenue of $50.51 million during the quarter.
Binah Capital Group Trading Down 2.4%
Shares of NASDAQ:BCG traded down $0.05 during midday trading on Tuesday, reaching $2.01. The company had a trading volume of 10,161 shares, compared to its average volume of 5,005. The stock has a market cap of $33.37 million, a P/E ratio of 67.02 and a beta of 0.34. The company’s 50 day moving average price is $2.20 and its 200 day moving average price is $2.13. Binah Capital Group has a 52-week low of $1.36 and a 52-week high of $3.44.
Institutional Trading of Binah Capital Group
A hedge fund recently bought a new stake in Binah Capital Group stock. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in Binah Capital Group, Inc. (NASDAQ:BCG – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 33,482 shares of the company’s stock, valued at approximately $58,000. GRIMES & Co WEALTH MANAGEMENT LLC owned about 0.20% of Binah Capital Group as of its most recent SEC filing. Hedge funds and other institutional investors own 4.97% of the company’s stock.
Analysts Set New Price Targets
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About Binah Capital Group
Binah Capital Group, Inc, together with its subsidiaries, operates in the wealth management industry. The company provides access to stock, bond, exchange-traded fund, and options execution services; and research, compliance, supervision, and accounting and related services for financial advisors. It also offers mutual funds and insurance products, as well as alternative investments, such as non-traded real estate investment trusts, unit trusts, and fixed and variable annuities. The company was founded in 2016 and is headquartered in Albany, New York.
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