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

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

BGC Group Price Performance

Shares of BGCP stock opened at $4.43 on Friday. BGC Group has a 12 month low of $3.14 and a 12 month high of $5.51. The stock’s fifty 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.