The Baldwin Insurance Group (NASDAQ:BRP) Shares Down 4.6% – Time to Sell?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) shares traded down 4.6% on Monday . The company traded as low as $25.00 and last traded at $25.13. 1,090,969 shares traded hands during trading, an increase of 188% from the average session volume of 379,203 shares. The stock had previously closed at $26.33.

The Baldwin Insurance Group Price Performance

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 stock has a 50 day simple moving average of $25.43 and a 200-day simple moving average of $29.08. The firm has a market cap of $2.95 billion, a PE ratio of -27.32, 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.