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

StockNews.com began coverage on shares of BGC Group (NASDAQ:BGCP) in a research report released on Sunday morning. The firm issued a buy rating on the stock.

BGC Group Stock Performance

Shares of NASDAQ BGCP opened at $4.43 on Friday. The business’s 50 day moving average price is $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.