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

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

BGC Group Stock Up 1.4 %

Shares of NASDAQ:BGCP 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 firm has a 50-day simple moving average of $4.43.

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.