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

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

BGC Group Stock Performance

BGCP stock opened at $4.43 on Monday. BGC Group has a twelve month low of $3.14 and a twelve month high of $5.51. The company’s 50-day moving average 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.