|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||25.9568 - 26.1171|
|52-week range||25.0500 - 26.7300|
|PE ratio (TTM)||68.67|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
BGC Partners (BGCP) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
LONDON , Oct. 10, 2017 /PRNewswire/ -- Collateral Exchange platform ColleX announced today that it has executed its first T+0 triparty collateral loan, bringing improved efficiency to securities finance ...
BGC Partners (BGCP) has decent short-term momentum and is seeing solid activity on the earnings estimate revision front as well.
NEW YORK, Sept. 29, 2017 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC Partners", "BGC", or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today updated its outlook with respect to its financial results for the quarter ending September 30, 2017. BGC expects both its revenues and its pre-tax distributable earnings for the third quarter of 2017 to be towards the high-end of the range of its previous outlook,2 excluding any effect related to the Berkeley Point acquisition or the associated borrowing. Including Berkeley Point's results for both periods, BGC now anticipates revenues of between approximately $805 million and $820 million in the third quarter of 2017, an increase of between 10 and 12 percent compared with $735 million in the year earlier period.
BGC Partners Inc (NYSE: BGCA - news) plans to launch a new electronic trading platform for U.S. Treasuries by the end of June, four years after selling a similar business to exchange operator Nasdaq Inc (Frankfurt: 813516 - news) , an executive at the brokerage said on Tuesday. The new platform has been three to four times faster in testing with professional trading firms than existing Treasuries trading platforms, such as NEX Group's BrokerTec and Nasdaq Fixed Income, formerly known as eSpeed, Lou Scotto, head of FENICS U.S. Treasuries, said in an interview.