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

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRPGet Free Report) dropped 3.6% during mid-day trading on Thursday . The stock traded as low as $18.77 and last traded at $18.77. Approximately 1,345,254 shares were traded during mid-day trading, an increase of 255% from the average daily volume of 379,203 shares. The stock had previously closed at $19.48.

The Baldwin Insurance Group Trading Down 3.6%

The firm has a market cap of $2.21 billion, a price-to-earnings ratio of -20.40, a PEG ratio of 0.91 and a beta of 1.54. The company has a fifty day moving average price of $21.63 and a 200-day moving average price of $22.54. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21.

About The Baldwin Insurance Group

(Get Free Report)

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.

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