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

StockNews.com initiated coverage on shares of BGC Group (NASDAQ:BGCP) in a report published on Saturday. The brokerage issued a buy rating on the stock.

BGC Group Stock Performance

BGCP stock opened at $4.43 on Friday. The firm has a 50 day moving average of $4.43. BGC Group has a twelve month low of $3.14 and a twelve month high of $5.51.

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.