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

Investment analysts at StockNews.com began coverage on shares of BGC Group (NASDAQ:BGCP) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the stock.

BGC Group Price Performance

BGCP opened at $4.43 on Thursday. The company’s fifty day moving average is $4.43. BGC Group has a fifty-two week low of $3.14 and a fifty-two week 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.