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

Research analysts at StockNews.com assumed coverage on shares of BGC Group (NASDAQ:BGCP) in a research report issued to clients and investors on Sunday. The brokerage set a “buy” rating on the stock.

BGC Group Price Performance

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

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.