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

StockNews.com began coverage on shares of BGC Group (NASDAQ:BGCP) in a report issued on Monday morning. The brokerage issued a buy rating on the stock.

BGC Group Price Performance

Shares of BGCP stock opened at $4.43 on Monday. The business has a 50 day simple moving average of $4.43. BGC Group has a 12-month low of $3.14 and a 12-month high of $5.51.

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.