BGC Partners (NASDAQ:BGCP) : During the past 4 weeks, traders have been relatively bearish on BGC Partners (NASDAQ:BGCP), hence the stock is down -6.85% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.3% relative to the S&P 500. The 4-week change in the price of the stock is -5.35% and the stock has fallen -1.05% in the past 1 week.
The company shares have dropped -4.71% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $10.05 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $8.86 and the 200 Day Moving Average price is recorded at $8.99.
The stock has recorded a 20-day Moving Average of 2.78% and the 50-Day Moving Average is 4.45%.
BGC Partners (NASDAQ:BGCP): stock turned positive on Friday. Though the stock opened at $8.36, the bulls momentum made the stock top out at $8.51 level for the day. The stock recorded a low of $8.36 and closed the trading day at $8.49, in the green by 2.17%. The total traded volume for the day was 1,169,123. The stock had closed at $8.31 in the previous days trading.
In an insider trading activity, Curwood Stephen T, director of Bgc Partners, Inc., unloaded 4,000 shares at an average price of $9.16 on June 8, 2015. The total amount of the transaction was worth $36,640, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.