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

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

BGC Group Stock Up 1.4 %

BGC Group stock opened at $4.43 on Friday. The firm has a 50 day simple moving average of $4.43. BGC Group has a 1-year low of $3.14 and a 1-year 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.