BGC Group (NASDAQ:BGCP) Now Covered by StockNews.com

Equities researchers at StockNews.com started coverage on shares of BGC Group (NASDAQ:BGCP) in a note issued to investors on Wednesday. The brokerage set a “buy” rating on the stock.

BGC Group Stock Performance

BGCP opened at $4.43 on Wednesday. BGC Group has a 1-year low of $3.14 and a 1-year high of $5.51. The stock has a 50 day simple moving average of $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.