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Downtrend Call Working As Bgc Partners-A Stock Falls 45.5% (BGCP)

By Amy Schwartz

SmarTrend identified a Downtrend for Bgc Partners-A (NASDAQ:BGCP) on October 10th, 2018 at $11.23. In approximately 2 months, Bgc Partners-A has returned 45.48% as of today's recent price of $6.12.

Over the past year, Bgc Partners-Ahas traded in a range of $6.04 to $16.97 and are now at $6.12. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.8% while the 200-day MA has slid 0.9%.

BGC Partners Inc. is a global brokerage company servicing the financial and real estate markets. The Company provides a wide range of inter-dealer broker and commercial real estate services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Bgc Partners-A.

Log in and add Bgc Partners-A (BGCP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights bgc partners-a

Ticker(s): BGCP