BGC Group Inc’s recent filing unveils that its Director Richards David unloaded Company’s shares for reported $0.4 million on Aug 09 ’24. In the deal valued at $9.02 per share,43,893 shares were sold. As a result of this transaction, Richards David now holds 14,506 shares worth roughly $0.13 million.
BofA Securities initiated its BGC Group Inc [BGC] rating to a Buy in a research note published on February 25, 2025; the price target was $16.
Price Performance Review of BGC
On Monday, BGC Group Inc [NASDAQ:BGC] saw its stock jump 1.31% to $9.29. Over the last five days, the stock has lost -1.28%. BGC Group Inc shares have risen nearly 2.54% since the year began. Nevertheless, the stocks have risen 4.74% over the past one year. While a 52-week high of $11.79 was reached on 02/27/25, a 52-week low of $7.24 was recorded on 04/07/25. SMA at 50 days reached $8.95, while 200 days put it at $9.38.
Levels Of Support And Resistance For BGC Stock
The 24-hour chart illustrates a support level at 9.19, which if violated will result in even more drops to 9.09. On the upside, there is a resistance level at 9.47. A further resistance level may holdings at 9.64. The Relative Strength Index (RSI) on the 14-day chart is 56.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.81%. Stochastics %K at 57.49% indicates the stock is a holding.
