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

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

BGC Group Stock Up 1.4 %

Shares of BGCP stock opened at $4.43 on Friday. The stock’s fifty day simple moving average is $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.