BGC Partners (NASDAQ:BGCP) is a company whose shares are active, trading 1.9% lower to $5.59. The Dow is trading fractionally lower to 14,693 and the S&P is currently down 0.4% to 1,579.
BGC Partners (NASDAQ:BGCP) is currently priced 11.8% above its average consensus analyst price target of $4.93. BGC Partners shares have support at the 50-day moving average (MA) of $4.75 and additional support at the 200-day MA of $4.48.
In the past 52 weeks, shares of BGC Partners have traded between a low of $3.11 and a high of $7.07 and are now at $5.59, which is 80% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has slid 0.2%.
BGC Partners, Inc. is a full-service, inter-dealer broker specializing in the trading of over-the-counter (OTC) financial instruments and related derivative products. The Company is active in the global fixed income, rates, foreign exchange, equity derivatives, credit derivatives, futures and structured product markets.