StockNews.com Initiates Coverage on BGC Group (NASDAQ:BGCP)

Analysts at StockNews.com initiated coverage on shares of BGC Group (NASDAQ:BGCP) in a research note issued on Saturday. The firm set a “buy” rating on the stock.

BGC Group Trading Up 1.4 %

Shares of BGCP stock opened at $4.43 on Friday. BGC Group has a 52-week low of $3.14 and a 52-week high of $5.51. The stock has a fifty day simple moving average of $4.43.

About BGC Group

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.