The Baldwin Insurance Group (NASDAQ:BRP) Trading Down 3.6% – Here’s What Happened

The Baldwin Insurance Group, Inc. (NASDAQ:BRP)’s stock price fell 3.6% during mid-day trading on Thursday . The company traded as low as $18.77 and last traded at $18.77. 1,345,254 shares were traded during trading, an increase of 255% from the average session volume of 379,203 shares. The stock had previously closed at $19.48.

The Baldwin Insurance Group Trading Up 3.3%

The company has a market cap of $2.34 billion, a P/E ratio of -21.61, a PEG ratio of 0.91 and a beta of 1.54. The business has a fifty day moving average price of $21.57 and a 200-day moving average price of $22.52. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21.

The Baldwin Insurance Group Company Profile

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.