The reasons why MDC Partners Inc. (MDCA) and Carlyle Group L.P. (CG)’s stocks look like a must buy

On May 13, O’DONOVAN ANNE MARIE, Director bought 17,832 shares of MDC Partners Inc. (NASDAQ: MDCA), with the average selling price of the stock being $2.91 per share. The total amount realized from this purchase $51,891. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.

In addition to that, Director – ROGERS DESIREE G bought an extra 23,820 shares of this stock in a transaction that took place a day before, on Mar 28, with a share bought at an average of $2.17 and a total of $51,689 was realized from this transaction. After the transaction, the Director – ROGERS DESIREE G was left with 33,810 shares of the company’s stock, which is currently worth around $73367.7.

The recent price movement of MDCA means that it is now down by -18.98% from its 52-week high and 73.33% up against its 52-week low prices. Over the past one week, the price volatility of MDCA stands at 6.56% while the volatility over the past one month is 4.86%. The beta score for this stock is 0.47. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 11/05/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.02 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0.07 by -0.05. The revenue by the firm was 375.3M for the quarter.

The shares of MDC Partners Inc. (MDCA) dropped by -9.21%, leading to a loss of -$0.29 per share, and saw MDCA end the trading session at $2.86 on Wednesday 11/06/19. MDCA started the trading session at $2.75, before reaching a daily high of $2.9073. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $2.62.

The trading volume on Wednesday stood at 1200080, which was below the stock’s 3-month average volume of 266.71K shares, out of a total 67.85M shares. As the price of the stock dipped, the market valuation of the company dropped to 198.17 million.

The shares of Carlyle Group L.P. (NASDAQ: CG) went down by -1.57% by the end of the recent trading session. This movement saw its price plunge to close at $27.54, which was lower than the previous closing price of $27.98. Over the past one week, the price of CG has jumped by 0.07%, while it has recorded a gain of 10.47% over the past one month. Its three-month performance saw CG gain 16.50% while its six-month performance saw it surge by 32.66%. The situation is different though over the past one year, as the stock price went up by 36.81%, while its year-to-date (YTD) price performance jumped by 74.86%. The stock price has gone up by +32.79% compared to its 90-day low, while it is down -2.34% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 880,535 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,042,216 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see CG stock with a 100-Day average volume of 1,119,166 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves CG with an average rating of 100% Buy.

Several brokerage firms sent out their reports CG stock not long ago. In its report sent out on October 08, 2019, BMO Capital Markets lowered its ratings on CG to a Market Perform. In an earlier report on September 23, 2019, BofA/Merrill Reiterated the stock to a Neutral. Barclays meanwhile in its report on August 05, 2019 Initiated its rating of the stock to “Equal Weight”.

In related news to the company’s stock, around 47.10% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 171 institutions currently hold the CG stock. In the last quarter, a 50,365,393 CG shares were in the possession of institutions. On the other hand, the company recorded 25 new institutions who bought it their stock, while 14 institutions sold their entire CG reserve. Of the current institutions investing in the stock, 87 increased their investment while 48 decreased their investment in the stock.