The Baldwin Insurance Group (NASDAQ:BRP) Stock Falls 0.4% – Here’s Why

The Baldwin Insurance Group, Inc. (NASDAQ:BRP – Get Free Report)’s stock price dropped 0.4% during mid-day trading on Friday. The stock traded as low as $31.83 and last traded at $31.83. Approximately 1,665,430 shares traded hands during trading, an increase of 339% from the average daily volume of 379,203 shares. The stock had previously closed at $31.95.

The Baldwin Insurance Group Price Performance

The stock has a fifty day moving average price of $31.45 and a 200-day moving average price of $25.08. The company has a market cap of $3.74 billion, a PE ratio of -34.60, 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 current ratio of 0.90 and a quick ratio of 0.90.

The Baldwin Insurance Group Company Profile

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The Baldwin Insurance Group, Inc is an insurance distribution company that provides insurance brokerage, risk management and related advisory services to businesses, individuals and insurance carriers. The company serves clients through a network of specialty insurance businesses and focuses on helping customers identify, manage and transfer risk.

Its offerings include commercial property and casualty insurance, personal insurance, employee benefits, surety and other specialty coverage.

Further Reading

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