Breaking Finance News

BGC Partners, Inc. (NASDAQ:BGCP) has been upgraded to Buy in a report by BidaskClub today.

BidaskClub has upgraded BGC Partners, Inc. (NASDAQ:BGCP) to Buy in a report released on 7/7/2017.

Previously on Friday June 30, 2017, Zacks Investment Research reported on BGC Partners, Inc. (NASDAQ:BGCP) increased the target price from $0.00 to $14.00. At the time, this indicated a possible upside of 0.11%.

Yesterday BGC Partners, Inc. (NASDAQ:BGCP) traded 0.08% higher at $12.59. The company’s 50-day moving average is $12.72 and its 200-day moving average is $11.77. The last closing price is up 5.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 1,278,263 shares of the stock traded hands, down from an average trading volume of 1,984,360

See Chart Below

BGC Partners, Inc. (NASDAQ:BGCP)

BGC Partners, Inc. has a 52 week low of $8.36 and a 52 week high of $13.44 with a P/E ratio of 31.41 The company’s market cap is currently $0.

General Information About BGC Partners, Inc. (NASDAQ:BGCP)

BGC Partners, Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables them to use voice, hybrid, or in various markets, electronic brokerage services in connection with transactions executed either over-the-counter or through an exchange. Through the Company's FENICS, Lucera, BGC Trader, BGC Market Data and Capitalab brands, it offers electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to select financial instruments and markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.