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 note issued to investors on Monday. The firm set a “buy” rating on the stock.

BGC Group Stock Performance

Shares of NASDAQ BGCP opened at $4.43 on Monday. BGC Group has a one year low of $3.14 and a one year high of $5.51. The stock’s fifty day moving average is $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.