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

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

The Baldwin Insurance Group Trading Down 0.3%

The company has a 50 day simple moving average of $20.56 and a 200 day simple moving average of $24.18. The company has a market capitalization of $2.58 billion, a PE ratio of -23.85, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90.

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.