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

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

BGC Group Stock Up 1.4 %

BGCP stock opened at $4.43 on Friday. BGC Group has a one year low of $3.14 and a one year high of $5.51. The firm’s 50-day moving average price is $4.43.

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.