Favorable Media Coverage Somewhat Unlikely to Affect General Cable (BGC) Share Price

Press coverage about General Cable (NYSE:BGC) has been trending positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. General Cable earned a media sentiment score of 0.36 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 44.3471082504414 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

General Cable (BGC) opened at $29.50 on Wednesday. The company has a market capitalization of $1,493.39, a price-to-earnings ratio of -8.29 and a beta of 2.76. General Cable has a fifty-two week low of $14.95 and a fifty-two week high of $30.17. The company has a current ratio of 1.98, a quick ratio of 1.10 and a debt-to-equity ratio of 8.42.

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About General Cable

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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