The Baldwin Insurance Group (NASDAQ:BRP) Stock Price Down 3.5% – Here’s Why

The Baldwin Insurance Group, Inc. (NASDAQ:BRPGet Free Report)’s stock price was down 3.5% during mid-day trading on Friday . The company traded as low as $23.84 and last traded at $24.01. Approximately 1,353,611 shares traded hands during trading, an increase of 257% from the average daily volume of 379,203 shares. The stock had previously closed at $24.87.

The Baldwin Insurance Group Stock Performance

The stock has a market capitalization of $2.82 billion, a PE ratio of -26.10, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The firm’s fifty day moving average is $21.16 and its 200-day moving average is $21.78. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21.

About The Baldwin Insurance Group

(Get Free Report)

BRP Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families.

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