The Baldwin Insurance Group (NASDAQ:BRP) Stock Price Down 0.3% – What’s Next?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) shares traded down 0.3% during trading on Wednesday . The company traded as low as $21.35 and last traded at $21.94. 1,802,854 shares traded hands during mid-day trading, an increase of 375% from the average session volume of 379,203 shares. The stock had previously closed at $22.01.

The Baldwin Insurance Group Stock Performance

The firm has a fifty day moving average of $20.56 and a 200 day moving average of $24.18. 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 stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of -23.85, 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.