NEW YORK (
) hit a new 52-week high Friday as it traded at $9.19 compared with its previous 52-Week high of $9.17. BGC is changing hands at $9.18 with 933,476 shares traded as of 3:56 p.m. ET. Average volume has been 561,500 shares over the past 30 days. BGC has a market cap of $595.9 million and is part of the
industry. Shares are up 5.5% year to date as of the close of trading on Thursday.
BGC Partners, Inc. operates as a financial intermediary to the financial markets specializing in the brokering of various financial products. The company has a P/E ratio of 67.5, below the average financial services industry P/E ratio of 73.1 and above the S&P 500 P/E ratio of 23.4.
TheStreet Ratings rates BGC as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full
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