The Baldwin Insurance Group (NASDAQ:BRP) Stock Price Down 0.6% – Should You Sell?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP)’s share price dropped 0.6% during trading on Monday . The company traded as low as $38.71 and last traded at $39.12. Approximately 675,686 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 379,203 shares. The stock had previously closed at $39.37.

The Baldwin Insurance Group Trading Down 0.6%

The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a fifty day simple moving average of $40.06 and a 200-day simple moving average of $40.86. The firm has a market cap of $4.60 billion, a P/E ratio of -42.52, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54.

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.