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

Research analysts at StockNews.com assumed coverage on shares of BGC Group (NASDAQ:BGCP) in a research report issued on Friday. The firm set a “buy” rating on the stock.

BGC Group Stock Up 1.4 %

Shares of NASDAQ:BGCP opened at $4.43 on Friday. The firm 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.

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.