Bridgepoint Group (LON:BPT) Shares Down 1% – Should You Sell?

Bridgepoint Group plc (LON:BPT)’s share price was down 1% on Wednesday . The company traded as low as GBX 230.90 and last traded at GBX 233. Approximately 131,944,891 shares changed hands during mid-day trading, an increase of 1,256% from the average daily volume of 9,726,907 shares. The stock had previously closed at GBX 235.40.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut their price objective on Bridgepoint Group from GBX 415 to GBX 395 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Bridgepoint Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 385.

Bridgepoint Group Stock Down 1.0%

The company has a debt-to-equity ratio of 55.04, a current ratio of 279.03 and a quick ratio of 3.60. The company has a market capitalization of £2.04 billion, a price-to-earnings ratio of 47.55, a price-to-earnings-growth ratio of 0.61 and a beta of 1.37. The firm’s 50-day simple moving average is GBX 258.13 and its two-hundred day simple moving average is GBX 260.71.

Bridgepoint Group Company Profile

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.