Bridgepoint Group (LON:BPT) Hits New 52-Week Low – Here’s What Happened

Bridgepoint Group plc (LON:BPT)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 218.40 and last traded at GBX 218.40, with a volume of 7927679 shares traded. The stock had previously closed at GBX 226.60.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upped their price target on shares of Bridgepoint Group from GBX 395 to GBX 415 and gave the company a “buy” rating in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Bridgepoint Group presently has an average rating of “Moderate Buy” and an average target price of GBX 385.

Bridgepoint Group Trading Down 4.0%

The company has a quick ratio of 3.60, a current ratio of 279.03 and a debt-to-equity ratio of 55.04. The firm’s fifty day moving average is GBX 260.19 and its two-hundred day moving average is GBX 284.26. The firm has a market cap of £1.91 billion, a P/E ratio of 41.03, a PEG ratio of 0.61 and a beta of 1.43.

Bridgepoint Group (LON:BPT) last issued its quarterly earnings data on Thursday, March 12th. The company reported GBX 26.50 EPS for the quarter. Bridgepoint Group had a net margin of 7.68% and a return on equity of 4.25%. Analysts predict that Bridgepoint Group plc will post 17.4062165 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Michelle Scrimgeour purchased 21,616 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was bought at an average cost of GBX 230 per share, with a total value of £49,716.80. 0.60% of the stock is owned by corporate insiders.

About Bridgepoint Group

Bridgepoint Group plc is a private equity and private credit firm specializing in middle market, small mid cap, small cap, growth capital, buyouts investments, syndicate debt, infrastructure, direct lending and credit opportunities in private credit investments. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.