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

StockNews.com started coverage on shares of BGC Group (NASDAQ:BGCP) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the stock.

BGC Group Stock Up 1.4 %

NASDAQ BGCP opened at $4.43 on Thursday. The company’s 50-day simple moving average is $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.