BGC Group (NASDAQ:BGCP) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com began coverage on shares of BGC Group (NASDAQ:BGCP) in a report issued on Saturday. The firm set a “buy” rating on the stock.

BGC Group Price Performance

NASDAQ BGCP opened at $4.43 on Friday. BGC Group has a twelve month low of $3.14 and a twelve month high of $5.51. The stock has a 50-day simple moving average of $4.43.

BGC Group Company Profile

BGC Group, Inc operates as a financial brokerage and technology company in the United States and internationally. The company offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; equities, energy and commodities, shipping, insurance, and futures and options.