Bridgepoint Group (LON:BPT) Stock Price Up 0.9% – Time to Buy?

Bridgepoint Group plc (LON:BPT) shares rose 0.9% during mid-day trading on Friday . The stock traded as high as GBX 311.20 and last traded at GBX 305.90. Approximately 645,142 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 8,187,948 shares. The stock had previously closed at GBX 303.20.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 360 price objective on shares of Bridgepoint Group in a research report on Friday, July 24th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 390.

Bridgepoint Group Price Performance

The company has a debt-to-equity ratio of 53.71, a current ratio of 16.31 and a quick ratio of 3.60. The stock has a market cap of £2.70 billion, a price-to-earnings ratio of 101.97, a price-to-earnings-growth ratio of 0.61 and a beta of 1.39. The business’s 50-day simple moving average is GBX 314.14 and its two-hundred day simple moving average is GBX 272.31.

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.