GCMG Stock Summary and Trading Ideas (GCM Grosvenor - Class A | NASDAQ:GCMG)

GCM Grosvenor Inc is a world-wide alternative asset management firm. It invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, ESG and absolute return strategies. The company's offerings include multi-manager portfolios as well as portfolios of direct investments and co-investments.

GCM Grosvenor - Class A trades on the NASDAQ stock market under the symbol GCMG.

As of December 13, 2024, GCMG stock price climbed to $12.45 with 101,193 million shares trading.

GCMG has a beta of 0.48, meaning it tends to be less sensitive to market movements. GCMG has a correlation of 0.09 to the broad based SPY ETF.

GCMG has a market cap of $559.00 million. This is considered a Small Cap stock.

Last quarter GCM Grosvenor - Class A reported $123 million in Revenue and $.16 earnings per share. This fell short of revenue expectation by $-869,000 and exceeded earnings estimates by $.01.

In the last 3 years, GCMG traded as high as $12.58 and as low as $6.26.

The top ETF exchange traded funds that GCMG belongs to (by Net Assets): IWM, VTI, VB, VBR, VXF.

GCMG has outperformed the market in the last year with a price return of +43.3% while the SPY ETF gained +29.9%. GCMG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.6% and +2.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

GCMG support price is $12.16 and resistance is $12.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GCMG shares will trade within this expected range on the day.