BGC Partners, Inc. stock performance trend indicates that the stock price has rallied 11.58% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 31.09% . Looking at the past 52 week period, the stock price is up at 22.81% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of BGC Partners, Inc. has a positive value of 21.92 compared to overall market.BGC Partners, Inc. is having a Relative Strength Index of 56.79 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of BGC Partners, Inc. (NASDAQ:BGCP) rallied by 1.41% during the past week but lost 1.88% on a 4-week basis. The company has outperformed the S&P 500 by 1.17% in the past week but underperformed the index by 3% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. BGC Partners, Inc. (NASDAQ:BGCP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.17% at $11.47 with 1,755,827 shares getting traded. Post opening the session at $11.43, the shares hit an intraday low of $11.41 and an intraday high of $11.52 and the price was in this range throughout the day. The company has a market cap of $3,240 million and the number of outstanding shares has been calculated to be 282,490,640 shares. The 52-week high of BGC Partners, Inc. (NASDAQ:BGCP) is $11.85 and the 52-week low is $8.18.
Company has reported several Insider transactions to the SEC, on Jun 10, 2015, Stephen T Curwood (director) sold 4,000 shares at 9.16 per share price.
BGC Partners Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.24. The company had revenue of $673.20 million for the quarter, compared to analysts expectations of $658.00 million. The companys revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 EPS.
BGC PARTNERS, INC. is a leading global full-service inter-dealer broker, specializing in the trading of financial instruments and related derivatives products. BGC Partners provides integrated voice, hybrid, and fully electronic execution and other brokerage services to some of the worlds largest and most credit worthy banks, broker-dealers, investment banks and investment firms for a broad range of global financial products, including fixed income securities, foreign exchange, equity derivatives, credit derivatives, futures, structured products and other instruments. Through its eSpeed and BGCantor Market Data brands, BGC also offers financial technology solutions and market data and analytics related to selected financial instruments and markets. Named after fixed income trading innovator B. Gerald Cantor, BGC Partners has offices in New York and London, as well as in Beijing, Chicago, Copenhagen, Hong Kong, Istanbul, Mexico City, Nyon, Paris, Seoul, Singapore, Sydney, Tokyo and Toronto.