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

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

BGC Group Stock Up 1.4 %

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