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

Investment analysts at StockNews.com started coverage on shares of BGC Group (NASDAQ:BGCP) in a research report issued on Saturday. The brokerage set a “buy” rating on the stock.

BGC Group Price Performance

Shares of NASDAQ:BGCP opened at $4.43 on Friday. The firm has a 50 day moving average of $4.43. BGC Group has a 12-month low of $3.14 and a 12-month high of $5.51.

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.