The Baldwin Insurance Group (NASDAQ:BRP) Stock Price Up 0.1% – Time to Buy?

The Baldwin Insurance Group, Inc. (NASDAQ:BRP – Get Free Report) was up 0.1% during trading on Friday. The company traded as high as $31.91 and last traded at $31.85. Approximately 1,532,149 shares were traded during mid-day trading, an increase of 304% from the average daily volume of 379,203 shares. The stock had previously closed at $31.81.

The Baldwin Insurance Group Price Performance

The company’s 50 day moving average is $30.84 and its 200 day moving average is $25.63. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of -34.62, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54.

About The Baldwin Insurance Group

(Get Free Report)

The Baldwin Insurance Group, Inc (NASDAQ:BRP) is an independent insurance distribution company headquartered in Tampa, Florida. The company helps businesses and individuals identify, manage and transfer risk through insurance brokerage, advisory and related services.

The company offers commercial property and casualty insurance, employee benefits, personal insurance, life and health coverage, surety products and specialty insurance solutions. Its operations include retail brokerage and wholesale and program-related capabilities, allowing it to serve clients with both standard and more complex insurance needs.

Founded in 2006, the company operated for many years under the Baldwin Risk Partners and BRP Group names before adopting The Baldwin Insurance Group name.

Further Reading

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