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

Equities research analysts at StockNews.com started coverage on shares of BGC Group (NASDAQ:BGCP) in a report released on Sunday. The firm set a “buy” rating on the stock.

BGC Group Trading Up 1.4 %

NASDAQ:BGCP opened at $4.43 on Friday. The business has a fifty 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.