Stocks of BGC Group Inc (NASDAQ:BGC) traded higher last session on Wall Street, up 1.41% to $10.1.
BGC stock price is now 8.12% away from the 50-day moving average and 7.38% away from the 200-day moving average. The market capitalization of the company currently stands at $4.93B.
With the price target of $16, BofA Securities recently initiated with Buy rating for BGC Group Inc (NASDAQ: BGC).
In other news, MBANEFO ARTHUR U, Director sold 18,151 shares of the company’s stock on Jun 10 ’25. The stock was sold for $177,335 at an average price of $9.77. Upon completion of the transaction, the Director now directly owns 19,309 shares in the company, valued at $0.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 09 ’24, Director Richards David sold 43,893 shares of the business’s stock. A total of $395,915 was realized by selling the stock at an average price of $9.02. This leaves the insider owning 14,506 shares of the company worth $0.15 million. A total of 26.58% of the company’s stock is owned by insiders.
During the past 12 months, BGC Group Inc has had a low of $7.24 and a high of $11.79. As of last week, the company has a debt-to-equity ratio of 1.92, a current ratio of 1.94, and a quick ratio of 1.94. The fifty day moving average price for BGC is $9.3416 and a two-hundred day moving average price translates $9.40545 for the stock.
The latest earnings results from BGC Group Inc (NASDAQ: BGC) was released for 2025-03-31. The net profit margin was 5.42% and return on equity was 14.17% for BGC. The company reported revenue of $664.24 million for the quarter, compared to $578.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.8 percent.
