BGC Partners (BGCP) Shares are Up 0.93%

BGC Partners (BGCP) has been under a strong bear grip, hence the stock is down -1.94% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.6% in the past 1 week. The stock has risen by 0.93% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.14% in the past 4 weeks.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.58% and the fifty day Moving Average is 0.33%. BGC Partners, Inc. has dropped 3.52% during the last three month period . Year-to-Date the stock performance stands at -6.82%.


BGC Partners (NASDAQ:BGCP): stock turned positive on Friday. Though the stock opened at $8.69, the bulls momentum made the stock top out at $8.77 level for the day. The stock recorded a low of $8.66 and closed the trading day at $8.68, in the green by 0.12%. The total traded volume for the day was 1,452,150. The stock had closed at $8.67 in the previous days trading.

BGC Partners Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services, which offers fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures and structured products, and Real Estate Services (or Newmark Grubb Knight Frank (NGKF)), which is a full-service commercial real estate platform that consists of its Real Estate Services segment. Through NGKF, the Company offers commercial real estate tenants, owners, investors and developers a range of services, including leasing and corporate advisory, investment sales and financial services, consulting, project management, and property and facilities management. The Company also provides broker-dealer services, clearing, processing, information, and other back-office services to a range of financial and non-financial institutions.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.