The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 1.6% – Time to Sell?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP)’s share price was down 1.6% during trading on Tuesday . The company traded as low as $16.03 and last traded at $16.50. Approximately 1,391,665 shares were traded during trading, an increase of 267% from the average daily volume of 379,203 shares. The stock had previously closed at $16.76.

The Baldwin Insurance Group Trading Down 1.6%

The firm has a market cap of $1.94 billion, a P/E ratio of -17.93, a P/E/G ratio of 0.91 and a beta of 1.54. The stock has a 50 day simple moving average of $23.17 and a 200-day simple moving average of $26.77. The company has a current ratio of 0.90, a quick 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.